Sign in

    Sheldon Grodsky • Grodsky Associates

    Sheldon Grodsky's questions to Geospace Technologies Corp (GEOS) leadership

    Sheldon Grodsky's questions to Geospace Technologies Corp (GEOS) leadership • Q2 2025

    Question

    Sheldon Grodsky of Grodsky Associates asked for clarification on the revenue recognition timing for the $7.6 million Mariner contract and questioned whether the current quarter's low revenue represented a cyclical bottom for the company.

    Answer

    CEO Richard Kelley and CFO Robert Curda clarified that the Mariner contract revenue was always scheduled for later in the year and was never planned for Q2. Kelley acknowledged that Q2 is historically a challenging quarter for Geospace but stated that the company anticipates a stronger performance in Q3 and Q4, supported by its existing backlog and ongoing customer engagement. Curda added that the company would aim for clearer communication on revenue timing in future announcements.

    Ask Fintool Equity Research AI

    Sheldon Grodsky's questions to Key Tronic Corp (KTCC) leadership

    Sheldon Grodsky's questions to Key Tronic Corp (KTCC) leadership • Q3 2025

    Question

    Sheldon Grodsky of Grodsky Associates expressed concern about the company's financial position, asking about the flexibility within its new credit agreement in the event of continued weak quarters or a recession. He also questioned whether the 'business paralysis' and hesitancy among customers, mentioned in the press release, was improving or worsening.

    Answer

    President and CEO Brett Larsen reassured that the company's new debt facility is based on availability, not profitability, and that cash is less of a concern than it was a year ago. He acknowledged customer hesitancy due to uncertainty but noted signs of it stabilizing. Larsen stated that the company is now structured to survive on lower revenue and that he expects growth in the next fiscal year, even with a potential recession.

    Ask Fintool Equity Research AI