MIND Technology reports Q1 FY2027 revenue $9.7M, net loss $0.05 per share, positive Adj. EBITDA $811K

MIND TECHNOLOGY, INC

Revenue $9.7M vs $7.9M a year ago; operating income $14K vs operating loss $658K a year ago.
Net loss $411K ($0.05 per share) vs net loss $970K ($0.12 per share) in Q1 FY2026.
Adjusted EBITDA positive at $811K vs negative $179K a year ago.
Backlog dropped to $7.6M at Apr 30, 2026 from $13.9M at Jan 31, 2026 and $21.1M a year ago.
After-market business contributed ~50% of revenue; management cites macro uncertainty but positive long-term outlook.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MIND TECHNOLOGY, INC reported fiscal 2027 first quarter ended April 30, 2026 results: revenue $9.7 million, net income $411,000, EPS $0.05 per share.

Period: fiscal 2027 first quarter ended April 30, 2026
Revenue: $9.7 million
Net income: $411,000
EPS: $0.05 per share
Result: reported results

Exact text from the filing

or the “Company”) today announced financial results for its fiscal 2027 first quarter ended April 30, 2026. Revenues for the first quarter of fiscal 2027 were approximately $9.7 million compared to $9.8 million for the fourth quarter of fiscal 2026 and $7.9 million for the first quarter of fiscal 2026. The Company reported operating income of $14,000 for the

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Source: SEC EDGAR

accession 0001437749-26-020175

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