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Post# of 113936
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hweb2

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hweb2

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Re: hweb2 post# 109356

Wednesday, 12/13/2023 4:37:12 PM

Wednesday, December 13, 2023 4:37:12 PM

Post# of 113936
Well MIND Q3 revenues were terrible. And they lost money even with a sizable 1-time gain. Ouch. BUT there's a silver lining. Backlog is up huge!

"The backlog of Marine Technology Products as of October 31, 2023 related to our Seamap segment was approximately $37.4 million compared to $14.0 million at October 31, 2022 and $17.0 million at July 31, 2023."

Not sure if that'll be enough to save it tomorrow. Plenty of hair on this one...but with that backlog, I'll be looking to add to this low floater on a selloff.

https://finance.yahoo.com/news/mind-technology-inc-reports-fiscal-211500124.html
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