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MNDO — Mind CTI News Story

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Billing solutions provider MIND CTI Q3 revenue drops

Overview

MIND CTI Q3 revenue fell to $4.8 mln from $5.2 mln in 2024

Net income for Q3 was $0.7 mln, down from $0.9 mln in 2024

MIND CTI announces $2.4 mln share repurchase program

Outlook

Company advances technology roadmap including 5G, cloud, and AI technologies

Company confident in potential growth once market conditions improve

Result Drivers

SOLUTION EXTENSION - Successful delivery of a significant extension to an existing customer, demonstrating execution capability

TECHNOLOGY ADVANCEMENT - Focus on advancing technology roadmap including 5G, cloud, and AI technologies

FOLLOW-ON ORDERS - Received follow-on orders for additional functionality and system enhancements, including a major infrastructure upgrade

Key Details

MetricBeat/MissActualConsensus Estimate
Q3 Revenue$4.80 mln
Q3 EPS$0.03
Q3 Net Income$700,000
Q3 Operating Cash Flow$1.20 mln
Q3 Operating Income$600,000
Press Release: ID:nGNXb9xlxk For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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