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Mind CTI Ltd Reveals Retreat In Q1 Bottom Line

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Mind CTI Ltd (MNDO) reported earnings for first quarter that decreased from the same period last year

The company's bottom line came in at $0.5 million, or $0.02 per share. This compares with $1.3 million, or $0.07 per share, last year.

The company's revenue for the period fell 13.8% to $5.0 million from $5.8 million last year.

Mind CTI Ltd earnings at a glance (GAAP) :

-Earnings: $0.5 Mln. vs. $1.3 Mln. last year.
-EPS: $0.02 vs. $0.07 last year.
-Revenue: $5.0 Mln vs. $5.8 Mln last year.

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