MIND's Q3 Earnings Down Y/Y on Lower Seamap Sales, Stock Down 20%

Shares of MIND Technology, Inc. (MIND) have declined 19.8% since the company reported its earnings for the quarter ended Oct. 31, 2025. This compares to the S&P 500 index’s 0.4% decline over the same time frame. Over the past month, the stock has declined 23.4% compared with the S&P 500’s 2.8% growth.MIND Technology reported a fiscal third-quarter 2026 net income of 1 cent per share, a steep decline from $2.87 in the prior-year quarter, which had included a significant effect from the conversion of preferre ...