How did MIND Technology's revenue and expenses shift in Q3 2025 compared to previous quarters?
5/8/2025 06:16pm
MIND Technology experienced a significant increase in revenue and net income in Q3 2025 compared to the previous quarter, Q2 2025.
1. **Revenue Shift**:
- In Q2 2025, the company's revenue was $12.11 million.
- In Q3 2025, the revenue increased to $15.04 million.
- This indicates a growth of $2.93 million in revenue, which is a notable increase.
2. **Net Income Shift**:
- The net income in Q2 2025 was $1.29 million.
- In Q3 2025, the net income increased to $2.03 million.
- This represents a growth of $0.74 million in net income, showing a significant improvement in profitability.