Mitcham Industries (MIND) Releases Quarterly Earnings Results, Misses Expectations By $0.15 EPS

Mitcham Industries (NASDAQ:MIND) issued its earnings results on Wednesday. The company reported ($0.46) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.31) by ($0.15), Yahoo Finance reports. Mitcham Industries had a negative return on equity of 34.20% and a negative net margin of 50.55%. The company had revenue of $8.64 million during the quarter.

Shares of Mitcham Industries (NASDAQ:MIND) traded down $0.05 during midday trading on Thursday, hitting $3.75. The stock had a trading volume of 6,707 shares, compared to its average volume of 13,279. Mitcham Industries has a 52 week low of $2.82 and a 52 week high of $3.97.

ILLEGAL ACTIVITY NOTICE: “Mitcham Industries (MIND) Releases Quarterly Earnings Results, Misses Expectations By $0.15 EPS” was originally published by The Lincolnian Online and is the sole property of of The Lincolnian Online. If you are viewing this report on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The legal version of this report can be accessed at https://www.thelincolnianonline.com/2017/12/07/mitcham-industries-mind-releases-quarterly-earnings-results-misses-expectations-by-0-15-eps.html.

Mitcham Industries Company Profile

Mitcham Industries, Inc is a provider of equipment to the geophysical, oceanographic and hydrographic industries. The Company operates through two segments. The Equipment Leasing segment is primarily engaged in the leasing of seismic equipment to companies in the oil and gas industry across the world.

Receive News & Ratings for Mitcham Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitcham Industries Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply