Mitcham Industries (MIND) Misses Q1 EPS by 20c

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Go back to Mitcham Industries (MIND) Misses Q1 EPS by 20c

Mitcham Industries Reports Fiscal 2017 First Quarter Results

June 8, 2016 4:15 PM EDT

HUNTSVILLE, Texas, June 8, 2016 /PRNewswire/ -- Mitcham Industries, Inc. (NASDAQ: MIND) ("the Company") today announced financial results for its fiscal 2017 first quarter ended April 30, 2016.

Total revenues for the first quarter of fiscal 2017 were $11.7 million compared to $17.1 million in the first quarter of fiscal 2016.  Revenues from the Equipment Manufacturing and Sales segment increased to $7.2 million in the first quarter compared to $5.7 million in the same period last year. Revenues from the Equipment Leasing segment were $4.5 million in the first quarter compared to $11.5 million in the same period last year. The... More