MIND ▼ -24.5% - MIND Technology, Inc.
$MIND EPS: $(0.19) vs. $0.24 YoY • Revenue: $5.6M vs. $13.6M YoY (-58.8%) • Operating Loss: $(1.8)M vs. $2.7M profit YoY • Adj. EBITDA: $(0.9)M vs. $3.1M YoY • Seamap Backlog: $4.8M vs. $12.8M YoY • Cash: $15.8M • Debt: $0
MIND Technology reported a significant earnings miss with EPS of $(0.19) versus $0.24 a year ago, while revenue plummeted 58.8% to $5.6M from $13.6M, and the company swung to an operating loss of $(1.8)M from a prior-year profit of $2.7M. The Seamap backlog also fell sharply to $4.8M from $12.8M, signaling weakened future demand for the company's core products.
08-SEP-2026 04:20 PM ET
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