MITCHAM INDUSTR/SH (MIND) Releases Quarterly Earnings Results, Misses Estimates By $0.05 EPS

MITCHAM INDUSTR/SH (NASDAQ:MIND) issued its quarterly earnings results on Wednesday. The company reported ($0.24) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.19) by ($0.05), Fidelity Earnings reports. The business had revenue of $9.86 million during the quarter. MITCHAM INDUSTR/SH had a negative return on equity of 30.77% and a negative net margin of 46.20%.

Shares of MITCHAM INDUSTR/SH stock traded down $0.01 during trading on Thursday, hitting $3.99. The company’s stock had a trading volume of 19,646 shares, compared to its average volume of 20,156. MITCHAM INDUSTR/SH has a 52 week low of $2.50 and a 52 week high of $4.57.

ILLEGAL ACTIVITY WARNING: This report was first reported by Dakota Financial News and is the sole property of of Dakota Financial News. If you are reading this report on another website, it was illegally copied and reposted in violation of US & international trademark and copyright laws. The original version of this report can be accessed at https://dakotafinancialnews.com/2019/06/06/mitcham-industr-sh-mind-releases-quarterly-earnings-results-misses-estimates-by-0-05-eps.html.

MITCHAM INDUSTR/SH Company Profile



Mitcham Industries, Inc, through its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic and maritime security industries worldwide. The company operates in two segments, Marine Technology Products, and Equipment Leasing. The Marine Technology Products segment develops, manufactures, and sells proprietary products.

Further Reading: How to interpret a stock’s beta number

Earnings History for MITCHAM INDUSTR/SH (NASDAQ:MIND)

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