MIND Technology (MIND) Q4 2026 Earnings 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
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Source: Globe and Mail, The
President and Chief Executive Officer — Robert P. Capps Vice President and Chief Financial Officer — Mark Alan Cox TAKEAWAYS Revenue -- $9.8 million for the quarter and $40.9 million for the full year, with the quarterly figure flat sequentially due to delayed order deliveries. Gross profit margin -- 46% for the year, improved from 45% the previous year, primarily due to a higher portion of aftermarket services and product mix. Aftermarket revenue mix -- About 60% of total revenues in the full year came from aftermarket activities, with fourth quarter aftermarket revenues estimated at 55%-60% of product sales. Backlog -- Backlog was $13.9 million at period-end, down slightly from $16.2 million a year ago, and included both new systems and aftermarket orders. New orders -- $9.5 million in orders received during the fourth quarter, with roughly half delivered and the remainder set for early next year. Adjusted EBITDA -- $1.1 million for the quarter and $5.3 million for
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