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Pulse Seismic Makes $13.5 Million Seismic Data License Sale, Provides Revenue Update
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Pulse Seismic Makes $13.5 Million Seismic Data License Sale, Provides Revenue Update
Jun 13, 2025 3:40 AM

06:17 AM EDT, 06/13/2025 (MT Newswires) -- Pulse Seismic ( PLSDF ) , a player in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector, late on Thursday announced a $13.5 million sale of a seismic data license.

The company, trading near its 52-week high, said second-quarter revenue to date is approximately $17.2 million on a preliminary basis, including the data license sale. This brings year-to-date total licensing revenue to $40 million.

The company increased its regular quarterly dividend by 17% in the first quarter, bringing the annualized dividend to $0.07 per share. That equals an estimated annual distribution to shareholders of about $3.6 million.

The figures are preliminary and have not been audited or reviewed by the company's auditors. Pulse Seismic ( PLSDF ) will release its second-quarter financial results on July 22, after markets close.

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