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

Mind Technology

13/12/2022 22:01

* Mind Technology Inc  MIND.OQ  reported a quarterly
adjusted loss
of 30 cents​​ per share for the quarter ended in October. The
lone analyst forecast for the quarter was for a loss of 18 cents
per share.
    * Revenue fell 41.5% to $4.88 million from a year ago;
analysts
expected $8.50 million. 
    * Mind Technology Inc's reported EPS for the quarter was a
loss
of 44 cents​.
    * The mean earnings estimate of analysts had fallen by
about 80%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Mind Technology Inc shares had fallen by 32.2% this
quarter and
lost 74.3% so far this year.
    * The company reported a quarterly loss of $6.11 million.
    * 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 Refinitiv data December
13 at 10:01 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2022      -0.18          -0.30          Missed
 Jul. 31 2022      -0.20          -0.20          Met
 Apr. 30 2022      -0.23          -0.27          Missed
 Jan. 31 2022      -0.22          -0.49          Missed