Shares of MIND Technology, Inc. (MIND) gained over 26% on Wednesday morning after reporting its fourth-quarter results, with both earnings and revenues increasing from last year.
MIND is currently trading at $6.88, up $1.44 or 26.54%, on the Nasdaq. The stock opened its trading at $6.60 after closing Tuesday at $5.44. The stock has traded between $3.05 and $11.10 in the past 52-week period.
Profit for the fourth quarter was $2.03 million or $0.25 per share, compared to $0.5 million or $0.35 per share last year. Revenues for the quarter gained to $15.0 million from $13.4 million last year.
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