Israel's MIND CTI Q1 net income rises

Mind CTI

11/05/2026 15:56

Overview

Israel billing software provider's Q1 revenue was flat yr/yr, net income increased

Company's net income rose due to prior-year credit loss allowance

Outlook

Company says market environment remains challenging with ongoing price pressures

Company expects non-renewal by a major customer in March 2027 to negatively impact revenues and income

Company continues to evaluate new opportunities and enhance offerings, including cloud, 5G, and AI

Result Drivers

CREDIT LOSS ALLOWANCE - Co said higher net income was due to a credit loss allowance recorded in Q1 2025

UC ANALYTICS UPGRADES - Co said revenue increase in UC analytics segment was mainly due to significant upgrades with two customers

Company press release: ID:nGNX9xpGzT

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$5.1 mln
Q1 EPS
$0.04
Q1 Net Income
$900,000
Q1 Operating Cash Flow
$600,000
Q1 Operating Income
$900,000


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(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.)