Mitcham Industries Reports Fiscal 2019 Third Quarter Results
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Mitcham Industries (MIND) Reports Q3 Loss of $0.06, Revenues Beat
December 6, 2018 6:06 AM ESTMitcham Industries (NASDAQ: MIND) reported Q3 EPS of ($0.06). Revenue for the quarter came in at $14.7 million versus the consensus estimate of $12.5 million.
Rob Capps, Mitcham's Co-Chief Executive Officer, stated, "Our third quarter results reflect marked improvement compared to not only the third quarter of last year but also to the entire first half of this fiscal year. This improved performance is slightly better than originally anticipated and reflects the impact from the strategic steps we have taken over the past several years.
"As previously anticipated, our Marine Technology Products segment experienced an... More
