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Wednesday, 09/15/2021 1:40:51 PM

Wednesday, September 15, 2021 1:40:51 PM

Post# of 73
Rob Capps, $MIND's President and Chief Executive Officer, stated, "We saw notable improvement in the second quarter, with our results being primarily top-line driven. Total revenues increased 62% sequentially and were approximately 34% higher than the same period last year, and we expect to see further improvement during the remainder of this year as we complete our scheduled and expected orders. Inquiry and bidding activity continues to increase, including for our sonar products for use in military applications. As noted above, our backlog remains solid, roughly even with the first quarter backlog. Essentially all orders are expected to be delivered in the current fiscal year.

https://finance.yahoo.com/news/mind-technology-inc-reports-fiscal-205500367.html
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