MIND Technology Fiscal Q1 Loss Narrows, Revenue Rises

MT Newswires Live

06/11

MIND Technology (MIND) reported a fiscal Q1 loss late Wednesday of $0.05 per diluted share, narrowing from a loss of $0.12 a year earlier.

One analyst polled by FactSet expected a break-even.

Revenue for the quarter ended April 30 was $9.7 million, up from $7.9 million a year earlier.

One analyst expected $9.5 million.

Shares of MIND Technology were down more than 7% in after-hours trading.

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