MIND TECHNOLOGY, INC. REPORTS FISCAL 2026 FIRST QUARTER RESULTS
1. Q1 2026 revenues fell to $7.9 million, down from $15.0 million. 2. Operating loss of $658,000 in Q1 2026, compared to income previously. 3. Cash flow from operations improved to $4.1 million. 4. Backlog increased to $21.1 million, indicating future revenue potential. 5. Management optimistic about long-term growth despite current challenges.