Ion Geophysical Corp (IO) 2007年年度报告「NYSE」.pdf

1、2 0 0 7 A N N UA L REP ORTLEADING THE CHARGETABLE OF CONTENTS1?7?20?21?IBC?2007 MILESTONES?A BRAND REVOLUTION?ION performed well during 2007.Buoyed by high commodity prices,increased seismic activity,and heightened customer demand for our products and services,IONs revenues increased 42%to$713 milli

2、on.1LETTER TO THE SHAREHOLDERSBOB PEEBLERNet income increased 50%to$40.3 million(or$0.45 per diluted share),bolstered by record fourth-quarter revenue and operating income performance.Excluding one-time expenses*,full-year earnings per diluted share rose to$0.52 from$0.33 in 2006.We believe our mome

3、ntum will continue into 2008.Driven by a continuation of the current up-cycle in the E&P industry and our ongoing commercialization of game-changing geophysical products and services,IONs 2008 consolidated revenues are expected to range between$780 and$830 million and earnings to range from$0.70 to$

4、0.85 per diluted share.We believe industry spending will remain robust as E&P firms move tocapitalize on high prices for crude oil and natural gas,and attempt to replace their hydrocarbon reserves in an era characterized by both increased competition for resource access and emboldened sovereign asse

5、t holders.We entered 2007 by reorganizing around our two main customer segments.ION Systems focuses on the seismic*Related to our debt conversion and our global reorganization,details of which are more fully described in Notes 10 and 14 of Notes to Consolidated Financial Statementsacquisition contra

6、ctors.Our Systems group is the home of the hardware and software products used by contractors during acquisition in both land and marine operations,and includes offerings such as energy source systems,recording systems,sensors,and command&control software.ION Solutions focuses on the oil&gas compani