Mind Technology Inc reports results for the quarter ended July 31 - Earnings Summary
Mind Technology Inc reports results for the quarter ended July 31 - Earnings Summary
Mind Technology Inc MIND.OQ reported a quarterly adjusted loss of 19 cents per share for the quarter ended July 31, lower than the same quarter last year, when the company reported EPS of 24 cents. The lone analyst forecast for the quarter was for a loss of 8 cents per share.
Revenue fell 58.5% to $5.62 million from a year ago; analysts expected $7.68 million.
Mind Technology Inc's reported EPS for the quarter was a loss of 19 cents.
The company reported a quarterly loss of $1.73 million.
Mind Technology Inc shares had fallen by 3.2% this quarter and lost 48.0% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 33.3% 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 "strong buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the oil related services and equipment peer group is "buy."
Wall Street's median 12-month price target for Mind Technology Inc is $10.00, about 58% above its last closing price of $4.20
This summary was machine generated from LSEG data September 8 at 11:23 p.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 |
Jul. 31 2026 | -0.08 | -0.19 | Missed |
Apr. 30 2026 | 0.00 | -0.05 | Missed |
Jan. 31 2026 | 0.31 | -0.03 | Missed |
Oct. 31 2025 | 0.16 | 0.01 | Missed |
Recent news on Mind Technology
See all newsMind Technology Inc reports results for the quarter ended July 31 - Earnings Summary
Mind Technology Q2 revenue falls amid market softness, macro uncertainty
Mind Technology Inc expected to post a loss of 8 cents a share - Earnings Preview
Mind Technology Q1 net loss widens sequentially amid macro uncertainty, Middle East conflict
U.S. STOCKS ON THE MOVE-Netflix, J.B. Hunt, Arxis