Welcome to our dedicated page for Mind Technology news (Ticker: MIND), a resource for investors and traders seeking the latest updates and insights on Mind Technology stock.
MIND Technology, Inc. (NASDAQ: MIND) is a marine technology company that provides technology to the oceanographic, hydrographic, defense, seismic and security industries. Headquartered in The Woodlands, Texas, the company reports a global presence with key operating locations in the United States, Singapore, Malaysia and the United Kingdom. Its news flow reflects developments across its marine technology products, financial performance and corporate initiatives.
Readers of this MIND news page can follow company announcements about quarterly and year‑to‑date financial results, including revenues from sales of marine technology products, operating income, net income and non‑GAAP measures such as Adjusted EBITDA. Earnings releases are typically accompanied by details on conference calls and webcasts, as well as commentary from management on factors such as Seamap segment activity, after‑market contributions and backlog of Marine Technology Products orders.
News items also cover operational updates, such as the expansion of the manufacturing and repair facility in Huntsville, Texas for MIND Maritime Acoustics, LLC, and collaboration agreements entered into by the Seamap unit, including agreements related to marine data acquisition systems. Capital markets and corporate actions, such as the establishment of an at‑the‑market equity distribution agreement and authorization of a stock buyback program, are disclosed through press releases as well.
By reviewing the news feed for MIND Technology, investors and observers can see how the company reports on its marine exploration and survey equipment business, its global operations, and its use of tools like non‑GAAP financial measures and capital programs. This page brings together these company‑issued updates in one place for convenient reference.
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MIND Technology (NASDAQ: MIND) reported fiscal 2026 third quarter results for the period ended October 31, 2025. Revenues were approximately $9.7M, down from $13.6M in Q2 FY2026 and $12.1M in Q3 FY2025. Operating income was ~$774K and net income was ~$62K, or $0.01 per share (8,046,000 shares outstanding). Adjusted EBITDA was ~$1.3M.
The Seamap backlog was ~$7.2M at Oct 31, 2025 (vs $12.8M at Jul 31, 2025 and $26.2M at Oct 31, 2024); subsequent orders of ~$9.5M were received after Oct 31. The company raised ~$11.0M via its ATM program during the quarter and ended the quarter with ~$19.4M cash and ~$36.0M working capital (about $4.00 per share). Management expects Q4 improvement and highlighted a debt-free, simplified capital structure.
MIND Technology (Nasdaq: MIND) said its Seamap unit received orders for GunLink source controllers and related equipment from an international seismic contractor. The aggregate order value is in excess of $9.5 million and is expected to be delivered in this fiscal year or early next year. Management said the orders had been pending while technical requirements were finalized and cited continued customer interest despite a recent temporary lull in order activity.
MIND Technology (NASDAQ:MIND) will release fiscal 2026 third quarter results for the period ended October 31, 2025 after market close on Tuesday, December 9, 2025. The company will host a conference call and webcast on Wednesday, December 10, 2025 at 9:00 a.m. ET / 8:00 a.m. CT.
Participants may join live by phone at (412) 902-0030 (ask for the MIND Technology call) or via webcast at http://mind-technology.com/. A phone replay is available through December 17, 2025 at (201) 612-7415 (pass code 13757391#). The webcast archive will be available on the company website for 90 days. Contact: Dennard Lascar Investor Relations at MIND@dennardlascar.com.
MIND Technology (NASDAQ: MIND) reported strong fiscal 2026 second quarter results, with revenues reaching $13.6 million, up from $7.9 million in Q1 FY2026 and $10.0 million in Q2 FY2025. The company achieved an operating income of $2.7 million and net income of $1.9 million ($0.24 per share).
The company's Adjusted EBITDA improved to $3.1 million, compared to negative $179,000 in Q1 FY2026. Seamap segment backlog stood at $12.8 million as of July 31, 2025, down from $21.1 million in the previous quarter. After-market activities represented approximately 68% of revenues in the first six months of the fiscal year.
Management remains optimistic about the balance of fiscal 2026, despite noting some market uncertainty affecting customer decision-making for the following year.
MIND Technology (NASDAQ:MIND) announced that President & CEO Rob Capps will present at the upcoming Investor Summit Virtual on September 16, 2025. The presentation will provide investors with insights into the company's growth strategies and market opportunities.
MIND Technology (Nasdaq: MIND) has announced two significant financial programs: an at-the-market (ATM) offering of up to $25.0 million in common stock through Lucid Capital Markets LLC, and a stock buyback program authorizing the repurchase of up to $4.0 million of common stock through August 31, 2027.
According to CEO Rob Capps, these initiatives are strategic moves designed to enhance stockholder value. The ATM program will provide flexibility for raising capital efficiently for growth opportunities, while the buyback program enables the company to repurchase shares when market conditions are favorable.
MIND Technology (NASDAQ: MIND) has scheduled its fiscal 2026 second quarter earnings release and conference call. The company will release its financial results for the quarter ended July 31, 2025 after market close on Tuesday, September 9, 2025.
The earnings conference call will be held on Wednesday, September 10, 2025 at 9:00 a.m. Eastern Time. Investors can access the call by dialing (412) 902-0030 or via webcast at mind-technology.com. A replay will be available through September 17, 2025, accessible by dialing (201) 612-7415 with pass code 13755549#. The webcast archive will be available for 90 days on the company's website.
MIND Technology (NASDAQ: MIND) has announced the completion of its manufacturing and repair facility expansion in Huntsville, Texas. The expansion aims to accommodate anticipated higher activity levels at the facility.
According to CEO Rob Capps, the expanded floor space and enhancements will enable MIND Maritime Acoustics, LLC to efficiently handle larger manufacturing and product repair projects. The increased capacity will support existing Seamap products, newly developed products, and third-party services.