Brief: Mitcham Industries Reports Q1 Loss Per Share Of $0.24

Mind Technology

05/06/2019 22:30

June 5 (Reuters) - Mitcham Industries Inc  MIND.O :
    * MITCHAM INDUSTRIES REPORTS FISCAL 2020 FIRST QUARTER
RESULTS
    * Q1 REVENUE ROSE 30 PERCENT TO $9.9 MILLION
    * Q1 LOSS PER SHARE $0.24
    * BACKLOG OF FIRM ORDERS GREW TO $11.0 MILLION AS OF APRIL
30,
FROM $8.7 MILLION AT JANUARY 31
    * BACKLOG DOES NOT CURRENTLY INCLUDE SIGNIFICANT AMOUNTS
RELATED
TO SEISMIC SOURCE CONTROLLERS
    * MITCHAM INDUSTRIES -  BELIEVE ACTIVITY WITHIN SEISMIC
SOURCE
CONTROLLERS FAMILY WILL RAMP-UP DURING 2019, BEYOND

Source text for Eikon:  ID:nPn8wKZYMa 
Further company coverage:  MIND.O 

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