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MIND Technology (MIND)
NASDAQ:MIND
Earnings Data
Report Date
Dec 16, 2025After Close (Confirmed)
Period Ending
2026 (Q3)Consensus EPS Forecast
0.16Last Year’s EPS
2.87Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The earnings call reflected positive financial results with significant revenue growth, increased profitability, and strong aftermarket contributions. However, there are concerns about decreased backlog and cautious customer behavior due to market uncertainties.Company Guidance
Significant Revenue Growth
Marine Technology product revenues for the second quarter were $13.6 million, up approximately 35% from the same period a year ago.
Increased Profitability
Second quarter gross profit was $6.8 million, representing a gross profit margin of 50%. Operating income increased approximately 86% year-over-year to $2.7 million.
Aftermarket Revenue Success
Aftermarket revenue accounted for about 68% of total revenues in the first six months of the fiscal year, indicating strong support from spare parts, repair, and service activities.
Positive Net Income and EBITDA Growth
Net income for the second quarter was approximately $1.9 million, compared to $798,000 a year ago. Adjusted EBITDA was approximately $3.1 million, up from $1.8 million in the previous year.
Strong Cash Position
The company maintained a debt-free balance sheet with working capital of approximately $25.1 million, including $7.8 million of cash on hand.
MIND Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
MIND Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Sep 09, 2025 | $9.56 | $8.17 | -14.54% |
Jun 10, 2025 | $6.75 | $6.02 | -10.81% |
Apr 22, 2025 | $5.44 | $6.88 | +26.47% |
Dec 10, 2024 | $4.23 | $6.02 | +42.32% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does MIND Technology (MIND) report earnings?
MIND Technology (MIND) is schdueled to report earning on Dec 16, 2025, After Close (Confirmed).
What is MIND Technology (MIND) earnings time?
MIND Technology (MIND) earnings time is at Dec 16, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MIND EPS forecast?
MIND EPS forecast for the fiscal quarter 2026 (Q3) is 0.16.