EMGS loss widens on halved revenues

Norwegian geophysical services company EMGS has seen its second-quarter loss widened as revenues slipped almost 50 per cent

The Oslo-listed firm booked Q2 2020 loss of $6.6 million or 5 cents, versus loss of $2 million in Q2 2019.

Revenues for the quarter fell at $7.5 million from $14.5 million same time last year.