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. provides technology for the oceanographic, hydrographic, defense, seismic and security industries through its Seamap unit. Seamap designs, manufactures and sells specialized, high-performance marine exploration and survey equipment, including GunLink source controllers and related products used by marine survey and seismic customers.
Company news commonly covers quarterly and year-end operating results, Seamap order activity and backlog, product demand, earnings-call schedules, and financing tools such as trade facilities for letters of credit or bank guarantees tied to project requirements.
MIND Technology, Inc. (NASDAQ: MIND) will release its financial results for the fiscal 2021 second quarter, ending July 31, 2020, after market close on September 14, 2020. A conference call is scheduled for September 15, 2020, at 9:00 a.m. Eastern Time, which will be accessible via phone and online. A replay will be available until September 22, 2020. MIND Technology specializes in technology solutions for various industries, including oceanographic and defense applications.
MIND Technology, Inc. (NASDAQ: MIND) has successfully reincorporated from Texas to Delaware and rebranded from Mitcham Industries, Inc. to MIND Technology. This change, approved by shareholders on July 27, 2020, does not alter the Board of Directors or management. The common and preferred stocks will continue trading on NASDAQ under the symbols 'MIND' and 'MINDP'. The company plans to exit the seismic land leasing business, aiming to sell related assets within the next 12 months to focus on marine technology solutions.
Mitcham Industries has declared a cash dividend of $0.5625 per share on its 9.00% Series A Cumulative Preferred Stock for Q2 of the fiscal year ending January 31, 2021. This dividend applies to the period from May 1, 2020 to July 31, 2020, and is payable on July 31, 2020 to stockholders of record by July 15, 2020. The Series A Preferred Stock trades under the ticker symbol MINDP on Nasdaq.