MIND Technology incurs a loss per share in fiscal Q2 as order delays and market softness weigh on results, while its after-market business provides some support.
Despite a sharp revenue decline and backlog reduction due to Middle East conflict, MIND Technology leans on its debt-free balance sheet and solid pipeline to weather near-term market softness.
Moby summary of MIND Technology, Inc.'s Q2 2027 earnings call
MIND Technology, Inc. (NASDAQ: MIND) ("MIND" or the "Company") today announced financial results for its fiscal 2027 second quarter ended July 31, 2026.
MIND Technology, Inc. (NASDAQ: MIND) announced today that it will release financial results for its fiscal 2027 second quarter ended July 31, 2026 after the market closes on Tuesday, September 8, 2026. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, for Wednesday, September 9th at 9:00 a.m. Eastern Time / 8:00 a.m. Central Time.
The subsea technology group warned revenue and profit will miss expectations as Middle East disruption and vessel scheduling delays push work into 2027.
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