MIND TECHNOLOGY, INC. REPORTS FISCAL 2026 SECOND QUARTER RESULTS
1. MIND's Q2 2026 revenues reached $13.6 million, up from $10 million year-over-year. 2. Net income for Q2 2026 was $1.9 million, reversing a loss from Q1 2026. 3. Adjusted EBITDA improved to $3.1 million, aligning with operational expectations. 4. Backlog of Marine Technology Products dropped to $12.8 million from $21.1 million. 5. Despite market uncertainty, customer interest in Seamap products remains steady.