11:43 AM EDT, 06/13/2025 (MT Newswires) -- (Updates shares.)

Pulse Seismic ( PLSDF ) late on Thursday announced a $13.5 million sale of a seismic data license.

The company, which offers seismic data to the oil industry, 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.

Pulse Seismic ( PLSDF ) shares were last seen up $0.13 to $$3.04 on the Toronto Stock Exchange.

Price: 3.05, Change: +0.14, Percent Change: +4.81