MIND Technology Q2 Loss Narrows Y/Y, Seamap Demand Drives Growth
MINDMIND Technology(MIND) ZACKS·2024-09-13 02:51

In the second quarter of fiscal 2025, MIND Technology, Inc. (MIND) incurred a net loss attributable to common shareholders of 0.1million,translatingtoalossof11centspershare.Thisfigureisnarrowerthanthepreviousyearslossof0.1 million, translating to a loss of 11 cents per share. This figure is narrower than the previous year's loss of 2.4 million, or 1.74pershare. Revenuesfromcontinuingoperationsdemonstratedsignificantgrowth,risingtoapproximately1.74 per share. Revenues from continuing operations demonstrated significant growth, rising to approximately 10 million, up from $7.6 million in the second quarter of fiscal 2024. This revenue increase is a testament to the company's enhanced operatio ...