Shares of MIND Technology, Inc. (MIND) gained over 17% on Wednesday morning after the company posted a profit for the third quarter, compared to a loss last year.
MIND is currently trading at $4.98, up $0.75 or 17.73%, on the Nasdaq. The stock opened its trading at $4.96 after closing Tuesday at $4.23. The stock has traded between $3.05 and $6.98 in the past 52-week period.
Sales for the third quarter surged to $12.11 million from $4.97 million last year. The company reported a net income of $15.71 million or $2.87 per share, compared to a net loss of $379 thousand or $0.27 per share last year.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.