MIND Technology(MIND) - 2026 Q3 - Quarterly Results
MIND TechnologyMIND Technology(US:MIND)2025-12-10 05:26

Exhibit 99.1 NEWS RELEASE Adjusted EBITDA for the third quarter of fiscal 2026 was approximately 1.3millioncomparedto1.3 million compared to 3.1 million for the second quarter of fiscal 2026 and 2.0millionforthethirdquarteroffiscal2025.ThebacklogofMarineTechnologyProductsrelatedtoourSeamapsegmentwasapproximately2.0 million for the third quarter of fiscal 2025. The backlog of Marine Technology Products related to our Seamap segment was approximately 7.2 million as of October 31, 2025 compared to 12.8millionatJuly31,2025and12.8 million at July 31, 2025 and 26.2 million at October 31, 2024. However, subsequent to October 31, 2025 the Company received additional orde ...