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

Mind Technology

01/05/2024 09:50

* Mind Technology Inc  MIND.OQ  reported quarterly adjusted
earnings of 35 cents​​ per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of -30 cents.  The lone analyst forecast
for the quarter was for earnings of 48 cents per share. 
    * Revenue rose 7.8% to $13.38 million from a year ago;
analysts
expected $13.50 million. 
    * Mind Technology Inc's reported EPS for the quarter was 35
cents​.
    * The company reported quarterly net income of $494
thousand.
    * Mind Technology Inc shares had risen by 33.9% this
quarter and
lost 7.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * 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." 

This summary was machine generated from LSEG data May 1 at 08:50
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
 Jan. 31 2024      0.48           0.35           Missed
 Oct. 31 2023      -0.20          -1.89          Missed
 Jul. 31 2023      -1.40          -1.80          Missed
 Apr. 30 2023      -0.70          -0.90          Missed