MIND Technology Q2 EPS $(0.11) Misses $0.02 Estimate, Sales $10.04M Miss $10.75M Estimate
Portfolio Pulse from Benzinga Newsdesk
MIND Technology reported a Q2 EPS of $(0.11), missing the $0.02 estimate, and sales of $10.04M, missing the $10.75M estimate. Despite missing estimates, the company showed improvement from the previous year with a 93.89% increase in EPS and a 14.70% increase in sales.
September 11, 2024 | 8:17 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
MIND Technology's Q2 results missed analyst estimates with an EPS of $(0.11) and sales of $10.04M. However, the company showed significant improvement from the previous year, with a 93.89% increase in EPS and a 14.70% increase in sales.
The missed earnings and sales estimates are likely to negatively impact MIND's stock price in the short term. However, the significant year-over-year improvement in both EPS and sales may mitigate some of the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100