Post by
stockfy on Nov 11, 2024 8:21am
GEO: Great Q3 results & new big contracts of $49 million!
Great results with YoY improvements on all fronts!
On top of this, GEO won new big contracts, so growth will continue in the foreseeable future:
Subsequent to the quarter end, the Company secured contracts in Chile totaling $49M including two very significant multi-rig, multi-year contracts, and one multi-rig contract;
Comment by
drewmumaw on Nov 11, 2024 10:17am
On the call now, sounds like revenue from those Chile contracts won't start being realized until Q4, so it isn't even priced in yet. The next 3-5 years is looking very favorable. Bullish.