Mitcham Industries (MIND) Reports Q3 Loss of $0.06, Revenues Beat
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Mitcham Industries Reports Fiscal 2019 Third Quarter Results
December 6, 2018 6:00 AM ESTHUNTSVILLE, Texas, Dec. 6, 2018 /PRNewswire/ --Â Mitcham Industries, Inc. (NASDAQ: MIND) ("Mitcham" or "the Company") today announced financial results for its fiscal 2019 third quarter ended October 31, 2018.
Total revenues for the third quarter of fiscal 2019 increased 71% to $14.7 million, compared to $8.6 million in the third quarter of fiscal 2018 and $8.4 million in the second quarter of fiscal 2019, driven by both an increase in orders for marine technology products as well as an uptick in leasing revenues. Â Revenues from the Marine Technology Products segment rose 55% to $9.3 million in the third quarter, compared to... More
