Ion Geophysical Corp (IO) 2010年年度报告「NYSE」.pdf

1、ANNUAL REPORT 2010NOTICE OF 2011 ANNUAL MEETINGPROXY STATEMENTLETTER TO SHAREHOLDERSFINANCIAL HIGHLIGHTS NOTICE OF 2011 ANNUAL MEETINGPROXY STATEMENT10-K REPORTCORPORATE INFORMATION Contents EETINGRobert P.PeeblerChief Executive Offi cerThe year 2010 was a turnaround year for ION.It was a year of re

2、building and renewal.It was a year in which,despite signifi cant obstacles-not the least of which were the continuing impact of the economic meltdown and the Macondo disaster,ION was able to not only resolve our balance sheet issues and restore the company to profi tability,but also to put many piec

3、es in place that we believe will serve as a springboard for our continued growth in 2011 and beyond.In my letter to you for 2009,a very tough year for ION,I highlighted our top priorities for 2010.Those priorities included successfully completing our land joint venture with BGP,regaining momentum in

4、 our marine systems business,and building our Integrated Seismic Solutions(ISS)business beyond the BasinSPAN.We considered achievement of these goals to be critical to our fi nancial recovery in 2010 and to our long-term growth.I am pleased to report that in 2010 we achieved all of these goals and m

5、ade signifi cant strides in most aspects of our business.2010 HIGHLIGHTS+Successful launch of the INOVA joint venture+Winning the 12-streamer BGP order,the largest streamer sale in the Companys history+Another record year for our data processing business+A remarkable recovery in our data library bus

6、iness,including a record quarter in Q4+Completing groundbreaking Arctic multi-client projects+Signifi cant progress underwriting a large multi-client program in the Marcellus shale play+A strong balance sheet with our net debt approaching zeroLetter to Shareholders0Consolidated Revenues5010015020025