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

• Mind Technology Inc MIND 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

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)