Ion Geophysical Corp (IO) 2011年年度报告「NYSE」.pdf

1、Notice of 2012 Annual MeetingProxy Statement2011 ANNUAL REPORT Letter to Shareholders About ION Financial Highlights Notice of 2012 Annual Meeting Proxy Statement 10-K Report Corporate Information2011 HIGHLIGHTS Marine Imaging Systems revenues increased 40%Recorded revenue from first 12-streamer sal

2、e Continued BasinSPAN traction in Arctic,Brazil,East and West Africa Launched new ResSCAN 3D reservoir imaging and characterization offering,with three programs in the Marcellus and Niobrara shales Data processing business rebounded,with sequential quarterly revenue improvement Ended year with recor

3、d Solutions backlog Made record investment in multi-client programs Saw continued improving Gulf of Mexico trends INOVA profitable in fourth quarterpquurtINartn fbleOVAfitaprNOaw conin ed mp ovSg uldw continued improving Gulf ofeondrdManv stpde en inecmuMadw hs d Eceaddlequarterle mrertDarobesinaaNu

4、sMarcuLpororporate InformationatIo teR0-1Proxy Statemtatementy Soxicuangl MNo20Af 2012 Annual MeetnnMe onuineeaicgM20hligh ghnahtsHal HighlightsFnclig ghghtsHinaluN IOAboutNAONetter to ShareholdersbttLersCONTENTSI am pleased to report that ION delivered solid results in 2011 and made dramatic improv

5、ements over 2010.Excluding our legacy land business,our 2011 revenues increased 6%to$455 million.Excluding special items*,we reported net income of$34.6 million,an increase of over 50%from 2010,and$0.22 per diluted share.Our actual reported net income in 2011 was$23.4 million,or$0.15 per diluted sha

6、re,compared to a net loss of($38.8)million,or($0.27)per share,in 2010.Our Marine Imaging Systems business saw 40%year-over-year revenue growth,driven by strong towed streamer sales,including recognition of a twelve-streamer system sold to BGP.Our Concept Systems navigational software and services bu