Mitcham Industries (MIND) Reports Q2 Loss Per Share of 80c

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Go back to Mitcham Industries (MIND) Reports Q2 Loss Per Share of 80c

Mitcham Industries Reports Fiscal 2017 Second Quarter Results

September 7, 2016 4:15 PM EDT

HUNTSVILLE, Texas, Sept. 7, 2016 /PRNewswire/ -- Mitcham Industries, Inc. (NASDAQ: MIND) ("the Company") today announced financial results for its fiscal 2017 second quarter ended July 31, 2016.

Total revenues for the second quarter of fiscal 2017 were $8.7 million compared to $7.6 million in the second quarter of fiscal 2016.  Revenues from the Equipment Manufacturing and Sales segment increased to $5.8 million in the second quarter compared to $2.8 million in the same period last year. Revenues from the Equipment Leasing segment were $2.9 million in the second quarter compared to $4.8 million in the same period last year. The Company reported... More