MIND Technology Q3 fiscal 2025 revenue up 143% YoY to $12.1M; net income $1.3M

MIND TECHNOLOGY, INC

Revenue $12.1M, +143% YoY from $5.0M; operating income $1.9M vs loss $1.5M.
Net income attributable to common shareholders $15.7M ($2.87 per share) vs loss of $0.27.
Adjusted EBITDA $2.0M vs loss $1.1M; cash balance $3.5M at October 31, 2024.
Backlog $26.2M flat sequentially; pipeline over 2x backlog; expects sustained profitability.

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