ION posts revenues for second quarter

ION Geophysical, a provider of technology and services for the oil and gas industry, has reported second-quarter 2010 revenues of $75.4m (£47.4m), resulting in net income of $1.1m, or $0.01 per diluted share.  

In the second quarter of 2009, ION’s net loss was $16.6m, or $0.16 per share, on revenues of $89.3m.