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Mind Technology posts FY26 Q4 net loss of $271,000; revenue drops to $9.8 million

PUBT · 1d ago

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Mind Technology posts FY26 Q4 net loss of $271,000; revenue drops to $9.8 million

Mind Technology posted a fiscal 2026 fourth-quarter net loss of $271,000, swinging from net income a year earlier.
Revenue fell 34.7% to $9.8 million.
Adjusted EBITDA dropped 62.4% to $1.1 million.
Seamap backlog rose to $13.9 million as of Jan. 31, 2026.
Management expects fiscal 2027 results to be down versus fiscal 2026, while maintaining positive cash flow.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mind Technology Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202604151615PR_NEWS_USPR_____DA35297) on April 15, 2026, and is solely responsible for the information contained therein.

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