secwatch.observer — SEC 8-K summary
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Issuer:     MIND TECHNOLOGY, INC (MIND)
CIK:        0000926423
Form:       8-K
Filed at:   2024-12-10T23:59:59+00:00
Accession:  0001437749-24-037115
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/926423/000143774924037115/0001437749-24-037115-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/926423/000143774924037115/mind20240917_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-24-037115

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