Mitcham Industries (MIND) Misses Q4 EPS by 27c

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Mitcham Industries Reports Fiscal 2016 Fourth Quarter And Full Year Results

April 5, 2016 4:15 PM EDT

HUNTSVILLE, Texas, April 5, 2016 /PRNewswire/ -- Mitcham Industries, Inc. (NASDAQ: MIND) ("Mitcham" or the "Company") today announced financial results for its fiscal 2016 fourth quarter and full year ended January 31, 2016.

Mitcham Industries has changed the presentation of its financial results as a result of the recent acquisition of Klein Marine Systems, Inc. The Company has realigned its operating segments by combining the Klein acquisition with both its Seamap operations and equipment sales from its Seismic Asia Pacific Pty Ltd. ("SAP") subsidiary to reflect the increasing importance of its manufacturing operations.... More