MIND Technology

MIND

Market cap $101M

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MIND Technology's Q3 earnings fall year over year due to reduced Seamap product sales and a shrinking order backlog, but the company anticipates a stronger Q4 backed by new orders.

MIND Technology, Inc. ( MIND ) Q3 2026 Earnings Call December 10, 2025 9:00 AM EST Company Participants Robert Capps - President, CEO & Director Mark Cox - VP, CFO & Chief Accounting Officer Conference Call Participants Zach Vaughan - Dennard Lascar Associates, LLC Tyson Bauer - Kansas City Capital Associates Ross Taylor Presentation Operator Greetings, and welcome to the MIND Technology's Fiscal 2026 Third Quarter Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.

THE WOODLANDS, Texas , Dec. 9, 2025 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ: MIND) ("MIND" or the "Company") today announced financial results for its fiscal 2026 third quarter ended October 31, 2025. Revenues for the third quarter of fiscal 2026 were approximately $9.7 million compared to $13.6 million for the second quarter of fiscal 2026 and $12.1 million for the third quarter of fiscal 2025.

THE WOODLANDS, Texas , Dec. 2, 2025 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that its Seamap unit has received orders for GunLink source controllers and associated equipment from an international seismic contractor. The aggregate value of the orders, which are expected to be delivered in this fiscal year or early next year, is in excess of $9.5 million.

THE WOODLANDS, Texas , Nov. 25, 2025 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ: MIND) announced today that it will release financial results for its fiscal 2026 third quarter ended October 31, 2025 after the market closes on Tuesday, December 9, 2025. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, for Wednesday, December 10 at 9:00 a.m.

Economic activity is booming in the North Sea and the Middle East. Two small caps, MIND and PPIH, are participating.

MIND Technology reported better-than-expected Q2/FY2026 results, with revenues and margins hitting new recovery highs. However, backlog declined to new multi-year lows as a number of customers have started to delay purchase order decisions. On the conference call, management delivered an underwhelming performance and lowered full-year expectations.

MIND Technology's Q2 earnings surge year over year on 35% revenue growth and strong Seamap demand, though a sharp backlog decline poses a headwind to sustaining growth momentum.

MIND Technology, Inc. (NASDAQ:MIND ) Q2 2026 Earnings Call September 10, 2025 9:00 AM EDT Company Participants Robert Capps - President, CEO & Director Mark Cox - VP, CFO & Chief Accounting Officer Conference Call Participants Zach Vaughan - Dennard Lascar Associates, LLC Tyson Bauer - Kansas City Capital Associates Ross Taylor Presentation Operator Greetings. Welcome to MIND Technology's Second Quarter 2026 Earnings Conference Call.