secwatch.observer — SEC 8-K summary
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Issuer:     MIND TECHNOLOGY, INC (MIND)
CIK:        0000926423
Form:       8-K
Filed at:   2024-04-29T23:59:59+00:00
Accession:  0001437749-24-013752
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MIND Technology reports Q4 revenue $13.4M, first profitable fiscal year since 2014
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- Q4 revenue $13.4M, up 50% YoY from $8.9M; operating income $2.3M vs $595K.
- Net income $1.4M; EPS to common shareholders $0.35 vs loss of $0.20 in Q4 FY2023.
- Full-year FY2024: operating income $518K vs loss $5.6M in FY2023; first profitable year since 2014.
- Backlog $38.4M at Jan 31, 2024, up 145% YoY from $15.7M; CEO expects revenue growth in FY2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926423/000143774924013752/0001437749-24-013752-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926423/000143774924013752/mind20231130_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-013752

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer