Revenue and EBITDA Growth
Segment revenue reached $274 million, up 6% year-on-year. Segment adjusted EBITDA was $107 million, up 14% year-on-year.
Cash Flow and Strategic Progress
Concluded the quarter with $30 million in net cash flow. Continued execution on restructuring initiatives delivering expected margin improvements.
Geoscience Performance
External segment revenue up 10% year-on-year to $115 million, driven by strong demand in Latin America and the Middle East.
Sensing and Monitoring Revenue Increase
SMO revenue grew by 14% year-on-year to $93 million, with double-digit growth in infrastructure monitoring.
Launch of Accel Technology
Launched Accel, the world's first drop-only land node, expected to enhance operational performance and reduce costs by up to 30%.