Mind Technology Inc reports results for the quarter ended in April - Earnings Summary

Mind Technology

11/06/2024 01:07

* Mind Technology Inc  MIND.OQ  reported quarterly breakeven
results​​ per share for the quarter ended in April, higher than
the same quarter last year, when the company reported EPS of -90
cents.  The lone analyst forecast for the quarter was
for earnings of 30 cents per share. 
    * Revenue fell 23.1% to $9.68 million from a year ago;
analysts
expected $12.05 million. 
    * Mind Technology Inc's reported EPS for the quarter was
breakeven
results​.
    * The company reported quarterly net income of $7 thousand.
    * Mind Technology Inc shares had risen by 13.9% this
quarter and
lost 21.2% so far this year.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the oil related
services and equipment peer group is also "hold"

This summary was machine generated from LSEG data June 11 at
12:06 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Apr. 30 2024      0.30           0.00           Missed
 Jan. 31 2024      0.48           0.35           Missed
 Oct. 31 2023      -0.20          -1.89          Missed
 Jul. 31 2023      -1.40          -1.80          Missed