Seismic survey vessel owner Electromagnetic Geoservices (EMGS) has cut its fourth quarter loss, but remains cautious about 2018.
The net deficit was $5.9m, from $15.1m in 2016, when it was dragged down by an $8m impairment.
Revenue dipped to $11.3m in the fourth quarter, down from $12m a year ago.
Contract and other sales totalled $1.6m, while multi-client sales amounted to $9.7m.
