MIND MIND Technology (MIND) Q2 FY27 earnings call
MIND Technology navigated a challenging Q2 FY27, with geopolitical instability and commodity price volatility delaying new system orders. The company's aftermarket business provided a crucial recurring revenue base, supporting operations and maintaining a strong balance sheet. Management is actively pursuing strategic opportunities to add scale and improve long-term value, while acknowledging near-term pressure on results.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
MIND operating KPIs by quarter
| KPI | Apr 2026 Q1 FY27 | This call Jul 2026 Q2 FY27 | Change vs prior quarter |
|---|---|---|---|
| Backlog | ~$7.6MOur backlog of firm orders as of April 30, 2026 was approximately $7.6 million.Source: earnings call transcript | ~$4.8MNow, our backlog of firm orders as of July 31, 2026, was approximately $4.8 million compared to $7.6 million as of April 30, 2026, and $12.8 million as of July 31, 2025.Source: earnings call transcript | — |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.