Item 2.02. Results of Operations and Financial Condition
On May 5, 2021, ION Geophysical Corporation (the "Company") issued a press
release containing information regarding the Company's results of operations for
the quarter ended March 31, 2021. A copy of the press release is furnished as
Exhibit 99.1 hereto.
Item 7.01. Regulation FD Disclosure
In conjunction with the above press release, the Company has scheduled a
conference call, which will be broadcast live over the Internet, for Thursday,
May 6, at 10:00 a.m. Eastern Time (9:00 a.m. Central). The information for
accessing the call is included in the press release. The webcast of the
conference call will be accompanied by a slide presentation, which can be
accessed from the ION home page in the Investor Relations section of the ION
website by 9:00 AM Eastern Time.
The information contained in Items 2.02 and 7.01 and the exhibits of this report
(i) is not to be considered "filed" under the Securities Exchange Act of 1934,
as amended (the "Exchange Act") and (ii) shall not be incorporated by reference
into any previous or future filings made by or to be made by the Company with
the Securities and Exchange Commission ("SEC") under the Securities Act of 1933,
as amended, or the Exchange Act.
The information herein contains certain forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. These forward-looking statements may include
information and other statements that are not of historical fact. Actual results
may vary materially from those described in these forward-looking statements.
All forward-looking statements reflect numerous assumptions and involve a number
of risks and uncertainties. These risks and uncertainties include the risks
associated with the timing and development of ION Geophysical Corporation's
products and services? pricing pressure? decreased demand? changes in oil
prices? agreements made or adhered to by members of OPEC and other oil producing
countries to maintain production levels? the COVID-19 pandemic? the ultimate
benefits of our completed restructuring transactions; and political, execution,
regulatory, and currency risks. For additional information regarding these
various risks and uncertainties, see our Form 10-K for the year ended December
31, 2020, filed on February 12, 2021. Additional risk factors, which could
affect actual results, are disclosed by the Company in its filings with the
Securities and Exchange Commission (SEC), including its Form 10-K, Form 10-Qs
and Form 8-Ks filed during the year. The Company expressly disclaims any
obligation to revise or update any forward-looking statements.
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Item 9.01. Financial Statements and Exhibits
(a) Financial statements of businesses acquired.
Not applicable.
(b) Pro forma financial information.
Not applicable.
(c) Shell company transactions.
Not applicable.
(d) Exhibits.
Exhibit Number Description
99.1 Press Release dated May 5, 2021.
104 Cover Page Interactive Data File (embedded within the Inline XBRL
document)
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