Pulse Seismic Inc. Reports Q3 2026 Financial Results and Declares Regular Quarterly Dividend
Key Highlights
- ➤Q3 revenue $17.3 million versus $3.4 million year-earlier
- ➤Q3 EBITDA $14.7 million versus $744,000 year-earlier
- ➤Q3 shareholder free cash flow $11.5 million versus $571,000 year-earlier
- ➤Q3 net earnings $11.4 million, reversing a $1.5 million loss
- ➤Quarterly dividend $0.01875 per share, totaling approximately $951,000
Expert Statements
Pamela Wicks, President and CEO of Pulse Seismic Inc.
“Our third quarter results demonstrate the strength of Pulse's business model and the value of our strategically positioned seismic data library. Revenue of $17.3 million in the quarter drove shareholder free cash flow of $11.5 million, highlighting our ability to convert licensing activity into meaningful cash flow. Improving industry fundamentals support ongoing demand for high-quality seismic in prolific areas of oil and gas development. With a debt-free balance sheet, strong liquidity and a continued focus on capital discipline, Pulse is well positioned to leverage its assets and capitalize on opportunities to deliver value to shareholders”
Robert Robotti, Board Chair of Pulse Seismic Inc.
“As disclosed in August, the Company appointed Pamela Wicks as Pulse's President and Chief Executive Officer. I am excited about the management change at Pulse. The Board and I have high conviction in the potential value to be realized through the active management of our seismic data library, which was acquired over decades at a historical cost of over $500 million”
CALGARY, Alberta, Oct. 21, 2026 (GLOBE NEWSWIRE) -- Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to report its financial and operating results for the three and nine months ended September 30, 2026. The unaudited condensed consolidated interim financial statements, accompanying notes and MD&A are being filed on SEDAR+ (www.sedarplus.ca) and will be available on Pulse’s website at www.pulseseismic.com.
Today, Pulse’s Board of Directors declared a regular quarterly dividend of $0.01875 per common share. The total of the dividend will be approximately $951,000 based on Pulse’s 50,708,857 common shares outstanding as of October 21, 2026, to be paid on November 18, 2026, to shareholders of record on November 4, 2026. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Pulse’s dividends are subject to Canadian withholding tax.
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