Mitcham Industries (MIND) Misses Street's Q3 Views; Guides FY09 Lower
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Mitcham Industries (Nasdaq: MIND) reports Q3 EPS of $0.18, versus the analyst estimate of $0.34. Revenue for the quarter was $14.5 million, versus the consensus of $21.94 million.
Lowers its FY09 sales guidance to $67-$70 million, versus the consensus of $80.83 million, and EPS to $0.96-$1.10, versus the Street estimate of $1.33.
Mitcham Industries, Inc., through its subsidiaries, provides equipment leasing, sales, and service to the seismic industry worldwide.
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