Mind CTI Ltd Reveals Retreat In Q1 Bottom Line

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.

by RTTNews Staff Writer

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