MIND (MIND) Q3 2026 Earnings Call Transcript [Globe and Mail, The (Toronto, Canada)]
MIND Technology, Inc. (MIND)
Last mind technology, inc. earnings: 6/7 04:15 pm
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US:NASDAQ Investor Relations:
mind.client.shareholder.com
Company Research
Source: Globe and Mail, The
President and Chief Executive Officer — Robert Capps Vice President and Chief Financial Officer — Mark Cox Need a quote from a Motley Fool analyst? Email pr@fool.com Takeaways Revenue -- Marine Technology product revenue totaled $9.7 million, reflecting a slight sequential decline. Gross Profit and Margin -- Gross profit reached $4.5 million, with a gross margin of 47%, an improvement over the previous year's 45% level due to a higher proportion of aftermarket business. Aftermarket Contribution -- Aftermarket revenues accounted for approximately 64% of total revenues in the first nine months; these activities delivered higher margins compared to larger system sales. Operating Income -- Operating income was $774,000, down from $1.9 million in the comparable prior-year period. Adjusted EBITDA -- Adjusted EBITDA was $1.3 million, compared to adjusted EBITDA of $2 million in the same quarter of the previous year. Net Income -- Net income stood at $62,000, down from $1.3
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