MIND Technology (NASDAQ:MIND) Posts Earnings Results, Misses Estimates By $0.11 EPS

Posted by Stanley Muller on Sep 9th, 2026

MIND Technology (NASDAQ:MIND – Get Free Report) posted its quarterly earnings results on Tuesday. The company reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.11), Zacks reports. MIND Technology had a net margin of 3.06% and a return on equity of 3.45%. The company had revenue of $5.62 million during the quarter, compared to analyst estimates of $7.68 million.

MIND Technology Stock Down 8.1%

MIND Technology stock opened at $4.20 on Wednesday. The stock has a market capitalization of $38.18 million, a PE ratio of 24.71 and a beta of 0.36. MIND Technology has a twelve month low of $4.20 and a twelve month high of $14.50. The company has a 50 day moving average of $4.90 and a 200-day moving average of $6.32.

Institutional Investors Weigh In On MIND Technology

Several institutional investors have recently added to or reduced their stakes in MIND. Marshall Wace LLP acquired a new position in MIND Technology in the 4th quarter worth $125,000. Arkadios Wealth Advisors acquired a new stake in shares of MIND Technology in the 4th quarter valued at about $106,000. Jane Street Group LLC raised its stake in shares of MIND Technology by 71.1% in the 4th quarter. Jane Street Group LLC now owns 32,190 shares of the company’s stock valued at $283,000 after purchasing an additional 13,372 shares during the period. HRT Financial LP bought a new stake in shares of MIND Technology in the fourth quarter valued at about $277,000. Finally, Commonwealth Equity Services LLC bought a new stake in shares of MIND Technology in the fourth quarter valued at about $482,000. 9.83% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have weighed in on MIND shares. Weiss Ratings lowered MIND Technology from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, June 11th. Wall Street Zen upgraded shares of MIND Technology from a “sell” rating to a “hold” rating in a research report on Saturday, June 13th. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company currently has an average rating of “Sell”.

Read Our Latest Analysis on MIND Technology

About MIND Technology

(Get Free Report)

MIND Technology, Inc, together with its subsidiaries, provides technology to the oceanographic, hydrographic, defense, seismic, and maritime security industries worldwide. Its primary products include the GunLink seismic source acquisition and control systems that provide operators of marine seismic surveys with precise monitoring and control of energy sources; the BuoyLink RGPS tracking system, which is used to offer precise positioning of marine seismic energy sources and streamers; Sleeve Gun energy sources; SeaLink towed seismic streamer system; and Sea Serpent line of passive sonar arrays for maritime security and anti-submarine warfare applications.