Mitcham Industries, Inc. (MIND) Announces Earnings Results
Mitcham Industries, Inc. (NASDAQ:MIND) announced its quarterly earnings results on Thursday. The company reported ($0.46) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.44) by $0.02, Morningstar.com reports. Mitcham Industries had a negative net margin of 61.58% and a negative return on equity of 36.70%.
Shares of Mitcham Industries (NASDAQ:MIND) opened at 3.39 on Friday. The firm’s 50-day moving average is $3.51 and its 200-day moving average is $4.18. Mitcham Industries has a 52 week low of $2.82 and a 52 week high of $5.14. The company’s market cap is $40.94 million.
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About Mitcham Industries
Mitcham Industries, Inc is a provider of equipment to the geophysical, oceanographic and hydrographic industries. The Company operates through two segments. The Equipment Leasing segment is primarily engaged in the leasing of seismic equipment to companies in the oil and gas industry across the world.
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