Mitcham Industries (MIND) Reports Q3 Loss of $0.46/Share

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Go back to Mitcham Industries (MIND) Reports Q3 Loss of $0.46/Share

Mitcham Industries Reports Fiscal 2018 Third Quarter Results

December 6, 2017 4:15 PM EST

HUNTSVILLE, Texas, Dec. 6, 2017 /PRNewswire/ -- Mitcham Industries, Inc. (NASDAQ: MIND) ("Mitcham" or "the Company") today announced financial results for its fiscal 2018 third quarter ended October 31, 2017.

Total revenues for the third quarter of fiscal 2018 increased to $8.6 million compared to $8.1 million in the third quarter of fiscal 2017.  Revenues from the Equipment Manufacturing and Sales segment increased to $6.0 million in the third quarter, compared to $5.3 million in the same period last year mainly due to increased product shipments.  Revenues from the Equipment Leasing segment were $2.7 million in the third quarter compared... More