Zeev's Turnips Patch-No Politics (ZEEV)

[madrose1]

OMNI spike........ OMNI OMNI Energy Srvs guides above consensus on improved margins, demand (10.13 )

Co issues upside guidance for Q2 (Jun), sees EPS of at least 40% higher than $0.16, which equates to EPS of at least $0.22 vs. $0.17 Reuters Estimates consensus. "We are continuing to see improved profit margins in our seismic drilling sector as a result of greater demand for these services coupled with improved utilization of equipment and personnel. Additionally, we are enjoying better than expected results from Preheat, Inc., our most recent acquisition that provided us with additional equipment leasing capabilities....Additionally, barring any unexpected weather or permit delays, this improved performance trend may well continue through the remainder of 2006."