secwatch.observer — SEC 8-K summary
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Issuer:     MIND TECHNOLOGY, INC (MIND)
CIK:        0000926423
Form:       8-K
Filed at:   2024-06-10T23:59:59+00:00
Accession:  0001437749-24-019824
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MIND Tech Q1 FY2025 net income $954K vs loss $240K YoY; backlog $31M up 72%
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- Revenue $9.7M, down 8.5% YoY from $10.6M; operating income $730K vs $419K.
- Net income $954K vs loss $240K YoY; net income to common $7K vs loss $1.2M.
- Adjusted EBITDA $1.5M vs $874K YoY; backlog $31M vs $18M a year ago.
- Guidance: expects increased revenue and Adjusted EBITDA for FY2025 vs FY2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926423/000143774924019824/0001437749-24-019824-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926423/000143774924019824/mind20240507c_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-019824

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