Mind Technology climbs after getting orders worth $7.3 mln

Mind Technology

12/04/2022 13:51

** Shares of marine exploration technology provider  MIND.O 
rise 13.1% to $1.38 premarket
    ** Stock eyes best day since March 7, if gains hold
    ** Says in recent weeks it received orders totaling ~$7.3
mln, which are expected to be delivered later in this fiscal
year  urn:newsml:reuters.com:*:nPn1k2dlPa    
    ** MIND adds it has responded to requests for further orders
totaling ~$3.5 mln, which include integrated launch and recovery
systems
    ** As of last close, stock down 27.7% YTD

 (Reporting by Devik Jain in Bengaluru)
 ((Devik.Jain@thomsonreuters.com; within U.S. +1 646 223 8780;
outside U.S. +91 80 6182 2062; ;))