MIND Technology, Inc., together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic and maritime security industries. It develops, manufactures, and sells proprietary products. The company's products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Digishot energy source controllers; Sleeve Gun energy sources; and SeaLink product line of marine sensors and solid streamer systems. It also provides streamer weight collars, depth and pressure transducers, air control valves, and source array systems; spare and replacement parts; and repair and engineering services, training and field service operations, and umbilical terminations, as well as side scan sonar systems and related products. The company markets its products to governmental and commercial customers through internal sales organization and a network of distributors and representatives. It serves in in the United States, Europe, Russia, CIS, the Middle East, Africa, the Asia-Pacific, Canada, and Latin America. The company was formerly known as Mitcham Industries, Inc. MIND Technology, Inc. was incorporated in 1987 and is headquartered in The Woodlands, Texas.
IPO Year: 1994
Exchange: NASDAQ
Website: mind-technology.com
THE WOODLANDS, Texas, Sept. 23, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND) announced today that its Seamap unit has received an order for a GunLink source controller amounting to approximately $5.1 million. Subsequent to July 31, 2024, the Company has received orders totaling approximately $7.9 million. Mark Welker, Vice President of MIND and Seamap Managing Director, stated, "We are seeing strong demand for our GunLink source controllers. These most recent orders indicate the continuing demand across our family of source controller products. We expect to deliver a portion of these orders in this fiscal year; however, the majority will be delivered i
THE WOODLANDS, Texas, Sept. 11, 2024 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ:MIND) ("MIND" or the "Company") today announced financial results for its fiscal 2025 second quarter ended July 31, 2024. Revenues from continuing operations for the second quarter of fiscal 2025 were approximately $10.0 million compared to approximately $7.6 million in the second quarter of fiscal 2024. The Company reported operating income from continuing operations of approximately $1.4 million for the second quarter of fiscal 2025 compared to an operating loss of $767,000 for the second quarter of fiscal 2024. Net income for the second quarter of fiscal 2025 amounted to $798,000 compared to a loss of appr
THE WOODLANDS, Texas, Sept. 5, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND, MINDP))) announced that it has effected the conversion of all shares of its 9% Series A Cumulative Preferred Stock, $1.00 par value per share (the "Preferred Stock"), into the Company's common stock, $0.01 par value per share. On August 30, 2024 the Company's Board of Directors elected to proceed with filing the Certificate of Amendment, which provided for the conversion of each share of Preferred Stock into 3.9 shares of common stock, with the Delaware Secretary of State. The amendment had been approved by the holders of the Preferred Stock at a virtual special meeting on Augu
THE WOODLANDS, Texas, Aug. 29, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND, MINDP))) reconvened its virtual special meeting (the "Special Meeting") of holders of its 9% Series A Cumulative Preferred Stock (the "Preferred Stock") today at 9:00 a.m., Central Time. The Special Meeting was held to approve an amendment to the Certificate of Designations, Preferences and Rights of the Preferred Stock, which provides that each share of Preferred Stock may be converted into 3.9 shares of the Company's common stock, $0.01 par value per share, at the sole discretion of the Company's Board of Directors (the "Preferred Stock Proposal"). At the reconvened meeting,
THE WOODLANDS, Texas, Aug. 27, 2024 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ:MIND) announced today that it will release financial results for its fiscal 2025 second quarter ended July 31, 2024 after the market closes on Wednesday, September 11, 2024. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, for Thursday, September 12th at 9:00 a.m. Eastern Time / 8:00 a.m. Central Time. What: MIND Technology Fiscal 2025 Second Quarter Earnings Conference Call When: Thursday, September 12, 2024 at 9:00 a.m. Eastern / 8:00 a.m. Central How: Live via phone -- By dialing (412) 902-0030 and asking for the MIND Technology c
THE WOODLANDS, Texas, Aug. 5, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND, MINDP))) will reconvene its virtual special meeting (the "Special Meeting") of holders of its 9% Series A Cumulative Preferred Stock (the "Preferred Stock") on Thursday, August 29, 2024 at 9:00 a.m. Central Time. The Special Meeting is being held to approve an amendment to the Certificate of Designations, Preferences and Rights of the Preferred Stock, which provides that each share of Preferred Stock may be converted into 3.9 shares of the Company's common stock, $0.01 par value per share, at the sole discretion of the Company's Board of Directors (the "Preferred Stock Proposal")
THE WOODLANDS, Texas, July 11, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND, MINDP))) reconvened its virtual special meeting (the "Special Meeting") of holders of its 9% Series A Cumulative Preferred Stock (the "Preferred Stock") today and then further adjourned the meeting until Thursday, August 29, 2024 at 9:00 a.m. Central Time. The Special Meeting is being held to approve an amendment to the Certificate of Designations, Preferences and Rights of the Preferred Stock, which provides that each share of Preferred Stock may be converted into 3.9 shares of the Company's common stock, $0.01 par value per share, at the sole discretion of the Company's Board
THE WOODLANDS, Texas, July 5, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND) announced today that the Company's Board of Directors (the "Board") has elected not to declare a quarterly cash dividend on its 9.00% Series A Cumulative Preferred Stock ("Series A Preferred Stock") for the second quarter of its fiscal year ending January 31, 2025. The Company may defer dividend payments on the Series A Preferred Stock, but the dividend is a cumulative dividend that accrues for payment in the future. During a deferral period, the Company is prohibited from paying dividends or distributions on its common stock, or redeeming any of those shares. If the Company doe
THE WOODLANDS, Texas, June 27, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND, MINDP))) reconvened its virtual special meeting of holders of its 9% Series A Cumulative Preferred Stock (the "preferred stock") on June 27, 2024. The meeting was then further adjourned. Preferred stockholders had previously approved a proposal to adjourn the special meeting one or more times to give the Company's management additional time to solicit additional proxies to approve an amendment to the Certificate of Designations, Preferences and Rights of the Preferred Stock (the "Preferred Stock Proposal"). If the Preferred Stock Proposal is approved, the proposed amendment pro
THE WOODLANDS, Texas, June 13, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND, MINDP))) convened its virtual special meeting of holders of its 9% Series A Cumulative Preferred Stock (the "preferred stock") on June 13, 2024. Preferred stockholders approved a proposal to adjourn the special meeting to give the Company's management additional time to solicit additional proxies to approve an amendment to the Certificate of Designations, Preferences and Rights of the Preferred Stock (the "Preferred Stock Proposal"). If the Preferred Stock Proposal is approved, the proposed amendment provides that each share of preferred stock may be converted into 3.9 shares o
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THE WOODLANDS, Texas, Jan. 5, 2021 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (Nasdaq: MIND) announced today that it has declared a quarterly cash dividend on its 9.00% Series A Cumulative Preferred Stock ("Series A Preferred Stock") for the fourth quarter of its fiscal year ending January 31, 2021. In accordance with the terms of the 9.00% Series A Preferred Stock of the Company, the Board of Directors has declared a Series A Preferred Stock cash dividend of $0.5625 per share for the quarterly period that began on November 1, 2020 and ends on January 31, 2021. The dividend on the Series A Preferred Stock is payable on January 31, 2021 to holders of record at the clos
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THE WOODLANDS, Texas, Sept. 23, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND) announced today that its Seamap unit has received an order for a GunLink source controller amounting to approximately $5.1 million. Subsequent to July 31, 2024, the Company has received orders totaling approximately $7.9 million. Mark Welker, Vice President of MIND and Seamap Managing Director, stated, "We are seeing strong demand for our GunLink source controllers. These most recent orders indicate the continuing demand across our family of source controller products. We expect to deliver a portion of these orders in this fiscal year; however, the majority will be delivered i
THE WOODLANDS, Texas, Sept. 11, 2024 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ:MIND) ("MIND" or the "Company") today announced financial results for its fiscal 2025 second quarter ended July 31, 2024. Revenues from continuing operations for the second quarter of fiscal 2025 were approximately $10.0 million compared to approximately $7.6 million in the second quarter of fiscal 2024. The Company reported operating income from continuing operations of approximately $1.4 million for the second quarter of fiscal 2025 compared to an operating loss of $767,000 for the second quarter of fiscal 2024. Net income for the second quarter of fiscal 2025 amounted to $798,000 compared to a loss of appr
THE WOODLANDS, Texas, Sept. 5, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND, MINDP))) announced that it has effected the conversion of all shares of its 9% Series A Cumulative Preferred Stock, $1.00 par value per share (the "Preferred Stock"), into the Company's common stock, $0.01 par value per share. On August 30, 2024 the Company's Board of Directors elected to proceed with filing the Certificate of Amendment, which provided for the conversion of each share of Preferred Stock into 3.9 shares of common stock, with the Delaware Secretary of State. The amendment had been approved by the holders of the Preferred Stock at a virtual special meeting on Augu
THE WOODLANDS, Texas, Aug. 29, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND, MINDP))) reconvened its virtual special meeting (the "Special Meeting") of holders of its 9% Series A Cumulative Preferred Stock (the "Preferred Stock") today at 9:00 a.m., Central Time. The Special Meeting was held to approve an amendment to the Certificate of Designations, Preferences and Rights of the Preferred Stock, which provides that each share of Preferred Stock may be converted into 3.9 shares of the Company's common stock, $0.01 par value per share, at the sole discretion of the Company's Board of Directors (the "Preferred Stock Proposal"). At the reconvened meeting,
THE WOODLANDS, Texas, Aug. 27, 2024 /PRNewswire/ -- MIND Technology, Inc. (NASDAQ:MIND) announced today that it will release financial results for its fiscal 2025 second quarter ended July 31, 2024 after the market closes on Wednesday, September 11, 2024. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, for Thursday, September 12th at 9:00 a.m. Eastern Time / 8:00 a.m. Central Time. What: MIND Technology Fiscal 2025 Second Quarter Earnings Conference Call When: Thursday, September 12, 2024 at 9:00 a.m. Eastern / 8:00 a.m. Central How: Live via phone -- By dialing (412) 902-0030 and asking for the MIND Technology c
THE WOODLANDS, Texas, Aug. 5, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND, MINDP))) will reconvene its virtual special meeting (the "Special Meeting") of holders of its 9% Series A Cumulative Preferred Stock (the "Preferred Stock") on Thursday, August 29, 2024 at 9:00 a.m. Central Time. The Special Meeting is being held to approve an amendment to the Certificate of Designations, Preferences and Rights of the Preferred Stock, which provides that each share of Preferred Stock may be converted into 3.9 shares of the Company's common stock, $0.01 par value per share, at the sole discretion of the Company's Board of Directors (the "Preferred Stock Proposal")
THE WOODLANDS, Texas, July 11, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND, MINDP))) reconvened its virtual special meeting (the "Special Meeting") of holders of its 9% Series A Cumulative Preferred Stock (the "Preferred Stock") today and then further adjourned the meeting until Thursday, August 29, 2024 at 9:00 a.m. Central Time. The Special Meeting is being held to approve an amendment to the Certificate of Designations, Preferences and Rights of the Preferred Stock, which provides that each share of Preferred Stock may be converted into 3.9 shares of the Company's common stock, $0.01 par value per share, at the sole discretion of the Company's Board
THE WOODLANDS, Texas, July 5, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND) announced today that the Company's Board of Directors (the "Board") has elected not to declare a quarterly cash dividend on its 9.00% Series A Cumulative Preferred Stock ("Series A Preferred Stock") for the second quarter of its fiscal year ending January 31, 2025. The Company may defer dividend payments on the Series A Preferred Stock, but the dividend is a cumulative dividend that accrues for payment in the future. During a deferral period, the Company is prohibited from paying dividends or distributions on its common stock, or redeeming any of those shares. If the Company doe
THE WOODLANDS, Texas, June 27, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND, MINDP))) reconvened its virtual special meeting of holders of its 9% Series A Cumulative Preferred Stock (the "preferred stock") on June 27, 2024. The meeting was then further adjourned. Preferred stockholders had previously approved a proposal to adjourn the special meeting one or more times to give the Company's management additional time to solicit additional proxies to approve an amendment to the Certificate of Designations, Preferences and Rights of the Preferred Stock (the "Preferred Stock Proposal"). If the Preferred Stock Proposal is approved, the proposed amendment pro
THE WOODLANDS, Texas, June 13, 2024 /PRNewswire/ -- MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND, MINDP))) convened its virtual special meeting of holders of its 9% Series A Cumulative Preferred Stock (the "preferred stock") on June 13, 2024. Preferred stockholders approved a proposal to adjourn the special meeting to give the Company's management additional time to solicit additional proxies to approve an amendment to the Certificate of Designations, Preferences and Rights of the Preferred Stock (the "Preferred Stock Proposal"). If the Preferred Stock Proposal is approved, the proposed amendment provides that each share of preferred stock may be converted into 3.9 shares o
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MIND Technology, Inc. ("MIND" or the "Company") (NASDAQ:MIND) announced today that the Company's Board of Directors (the "Board") has elected not to declare a quarterly cash dividend on its 9.00% Series A Cumulative Preferred Stock ("Series A Preferred Stock") for the second quarter of its fiscal year ending January 31, 2025. The Company may defer dividend payments on the Series A Preferred Stock, but the dividend is a cumulative dividend that accrues for payment in the future. During a deferral period, the Company is prohibited from paying dividends or distributions on its common stock, or redeeming any of those shares. If the Company does not pay dividends on its Series A Preferred Stoc
Shares of Contango Ore, Inc. (NYSE:CTGO) fell sharply during Tuesday's session after the company announced pricing of $15 million underwritten public offering. Contango Ore shares dipped 18.4% to $20.34 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Trio Petroleum Corp. (NYSE:TPET) shares jumped 88.2% to $0.4254 after the company completed its first two exploratory wells. Airship AI Holdings, Inc. (NASDAQ:AISP) shares climbed 32.5% to $4.1599. Airship AI announced a six-figure sole-source contract award within the Department of Justice for Acropolis Enterprise Video and Data Management Platform. Blue World Acquisition Corporation (NASDAQ
MIND Technology (NASDAQ:MIND) reported quarterly sales of $9.68 million which missed the analyst consensus estimate of $12.05 million by 19.68 percent. This is a 23.11 percent decrease over sales of $12.59 million the same period last year.
Shares of H&E Equipment Services, Inc. (NASDAQ:HEES) fell sharply during Tuesday's session following mixed first-quarter results. H&E Equipment posted GAAP earnings of 71 cents per share, versus market estimates of 77 cents per share. The company's quarterly sales came in at $371.357 million versus expectations of $352.518 million, according to data from Benzinga Pro. H&E Equipment Services shares dipped 18.2% to $48.45 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Akili, Inc. (NASDAQ:AKLI) shares jumped 67.2% to $0.3927 after the company announced Shionogi has canceled and forgiven a $5.0 million long-term debt obligation and agreed to mak
MIND Technology (NASDAQ:MIND) reported quarterly earnings of $0.39 per share which missed the analyst consensus estimate of $0.48 by 18.75 percent. This is a 343.75 percent increase over losses of $(0.16) per share from the same period last year. The company reported quarterly sales of $13.378 million which missed the analyst consensus estimate of $13.500 million by 0.90 percent. This is a 50.82 percent increase over sales of $8.870 million the same period last year.
Shares of Compugen Ltd. (NASDAQ:CGEN) shares rose sharply during Tuesday’s session after Gilead announced an agreement with the company to exclusively license its novel pre-clinical immunotherapy program. Compugen shares jumped 204.1% to $2.22 on Tuesday. Here are some other stocks moving in today's mid-day session. Gainers Intelligent Bio Solutions Inc. (NASDAQ:INBS) gained 73% to $0.4853. Intelligent Bio Solutions received National Association of Testing Authorities accreditation for its Intelligent Fingerprinting Drug Screening Solution. Panbela Therapeutics, Inc. (NASDAQ:PBLA) shares surged 64% to $1.6601. Panbela Therapeutics shares jumped 120% on Monday after US WorldMeds recei