Pulse Seismic (TSE:PSD) Issues Quarterly Earnings Results

Pulse Seismic (TSE:PSD) issued its earnings results on Tuesday. The company reported C$0.03 earnings per share for the quarter, FiscalAI reports. The company had revenue of C$3.61 million during the quarter. Pulse Seismic had a return on equity of 45.85% and a net margin of 27.77%.

Pulse Seismic Price Performance

Shares of PSD opened at C$3.16 on Thursday. Pulse Seismic has a fifty-two week low of C$2.67 and a fifty-two week high of C$5.24. The company has a debt-to-equity ratio of 1.36, a quick ratio of 7.28 and a current ratio of 3.16. The stock has a market cap of C$160.26 million, a PE ratio of 18.59 and a beta of 0.25. The firm’s 50-day simple moving average is C$3.31 and its two-hundred day simple moving average is C$3.76.

Pulse Seismic Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, May 26th. Stockholders of record on Tuesday, May 26th were given a $0.0187 dividend. The ex-dividend date of this dividend was Tuesday, May 12th. This represents a $0.07 dividend on an annualized basis and a dividend yield of 2.4%. This is a boost from Pulse Seismic’s previous quarterly dividend of $0.02. Pulse Seismic’s payout ratio is currently 41.18%.

About Pulse Seismic

Pulse Seismic Inc is a Canadian company which acts as a provider of seismic data to the energy sector in western Canada. The company is engaged in the acquisition, marketing, and licensing of 2D and 3D seismic data to the energy sector. It offers the full suite of project management services including On-site professional project management, experienced cost estimation services, daily reporting to clients and detailed project cost tracking, procurement of subcontractors to ensure regulatory compliance, and others.