Mind Technology FY27 Q1 net loss narrows to 411,000; revenue rises to 9.67 million

PUBT·06/10/2026 20:15:49

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Mind Technology posted fiscal 2027 Q1 net loss of $411,000, narrowing from $970,000 a year earlier.
Revenue rose to $9.7 million from $7.9 million a year earlier.
Operating results swung to income of $14,000 from an operating loss of $658,000 a year earlier.
Adjusted EBITDA improved to $811,000 from negative $179,000 a year earlier.
Seamap backlog fell to $7.6 million from $13.9 million at Jan. 31; CEO Rob Capps cited macro uncertainty weighing on near-term visibility.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mind Technology Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202606101615PR_NEWS_USPR_____DA80780) on June 10, 2026, and is solely responsible for the information contained therein.

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