* Q4 loss $0.30 vs EPS of $0.54 a year ago
* Q4 revenue dips 26 percent
* Does not see quick recovery in regional markets
* Shares down as much as 9 pct
Dec 11 (Reuters) - OYO Geospace OYOG.O, a maker of equipment used to collect seismic data, swung to a fourth-quarter loss partly on low demand, excess capacity and low utilization of rental equipment in Russia and Canada.
“The year is nevertheless a large disappointment,” Chief Executive Gary Owens said.
Owens also said the company does not expect a quick turnaround in these regional market conditions.
For the quarter ended Sept. 30, the company posted a loss of $1.8 million, or 30 cents a share, compared with a profit of $3.3 million, or 54 cents a share, a year ago.
Revenue for the quarter dropped 26 percent to $22.7 million.
Apart from its headquarters in Houston,Texas, the company also has its presence in Canada, the United Kingdom, Russia and China.
Shares of the company slid 9 percent to $30.60 in early trade, but later recouped some of their losses to trade down $2.29 at $31.23 Friday morning on Nasdaq. (Reporting by Antonita Madonna Devotta in Bangalore; Editing by Jarshad Kakkrakandy)