MIND Technology, Inc. ( MIND ) Q3 2026 Earnings Call December 10, 2025 9:00 AM EST Company Participants Robert Capps - President, CEO & Director Mark Cox - VP, CFO & Chief Accounting Officer Conference Call Participants Zach Vaughan - Dennard Lascar Associates, LLC Tyson Bauer - Kansas City Capital Associates Ross Taylor Presentation Operator Greetings, and welcome to the MIND Technology's Fiscal 2026 Third Quarter Earnings Call. [Operator Instructions] As a reminder, this conference is being recorded.
Economic activity is booming in the North Sea and the Middle East. Two small caps, MIND and PPIH, are participating.
MIND Technology incurs a Q1 loss per share due to shipment delays and rising expenses. Management eyes rebound as delayed orders shift to Q2.
MIND Technology, Inc. (NASDAQ:MIND ) Q1 2026 Earnings Conference Call June 11, 2025 9:00 AM ET Company Participants Mark Alan Cox - VP, CFO & Chief Accounting Officer Robert P. Capps - President, CEO & Director Conference Call Participants Ross Taylor - Unidentified Company Tyson Lee Bauer - Unidentified Company Kansas City Capital Associates - Unidentified Company Zach Vaughan - Dennard Lascar Associates, LLC Operator Greetings.
MIND's fiscal Q4 results see strong marine demand and profit growth, but face headwinds from backlog decline and scale challenges as it explores strategic options.
MIND Technology, Inc. (NASDAQ:MIND ) Q4 2025 Earnings Conference Call April 23, 2025 9:00 AM ET Company Participants Ken Dennard - IR Robert Capps - President and CEO Mark Cox - VP and CFO Conference Call Participants Tyson Bauer - KC Capital Ross Taylor - ARS Investment Partners Operator Greetings. Welcome to MIND Technology's Fourth Quarter and Year End 2025 Earnings Conference Call.
Mind Technologies has been cut in half since late February, falling from $10.80 to $5.00. Despite the recent market drawdown, MIND's strong product portfolio and market position in several marine technology sectors suggest a period of robust future growth. The company has shown impressive financial performance, with four consecutive profitable quarters, and is finally "Growth at a Good Price."
MIND remains well-poised for growth, with expanding software and offshore markets, a $26.2 million backlog, and a debt-free balance sheet.
MIND Technology's effective strategies have led to increased margins and profitability. The backlog and pipeline are strong, which should drive growth in 2025. MIND's above-average growth should allow the stock to perform well, from its reasonable valuation.
Mind Technology, a small ocean tech firm, has launched new high-tech products showing decent traction, with a backlog representing approximately two - three quarters of run rate revenue. Historical performance is irrelevant for this firm; focus on recent quarterly performance, product demand, expected Adj EBITDA growth, and fair multiple assignment for valuation. The most recent quarter highlights positive financial momentum including: significant quarter over quarter revenue growth (+21%), increasing operating margin, $1 per share annual EBITDA run rate and positive cash flow.
MIND's third-quarter fiscal 2025 earnings growth is driven by improved efficiency, strong order deliveries and strategic execution, signaling sustained profitability ahead.
MIND Technology, Inc. (NASDAQ:MIND ) Q3 2025 Earnings Conference Call December 11, 2024 9:00 AM ET Company Participants Zach Vaughan - IR Robert Capps - President and CEO Mark Cox - VP and CFO Conference Call Participants Tyson Bauer - KC Capital Ross Taylor - ARS Investment Partners Operator Greetings and welcome to MIND Technology Third Quarter Fiscal 2025 Earnings Call. At this time, all participants are in a listen-only mode.