Pulse Seismic Announces Dividend Increase and Q1 Results

Pulse Seismic (TSE:PSD) has released an update.

Pulse Seismic Inc. has reported its Q1 2024 results, revealing a 9% increase in its regular dividend to $0.06 per share annually, payable on May 23 to shareholders on record as of May 14. The company saw stable financial performance with shareholder free cash flow and EBITDA almost consistent with the previous year, and slight growth in total revenue from $8.4 million to $8.8 million. Pulse also emphasized its strong financial position, being debt-free with $13.8 million in cash, and has repurchased over 627,000 shares in the first quarter.

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