Last $5.77 USD
Change Today 0.00 / 0.00%
Volume 132.9K
MIND On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 12/26/14 All times are local (Market data is delayed by at least 15 minutes).

mitcham industries inc (MIND) Snapshot

Open
$5.70
Previous Close
$5.77
Day High
$5.81
Day Low
$5.55
52 Week High
12/31/13 - $17.82
52 Week Low
12/23/14 - $5.44
Market Cap
69.7M
Average Volume 10 Days
201.3K
EPS TTM
$0.07
Shares Outstanding
12.1M
EX-Date
--
P/E TM
80.3x
Dividend
--
Dividend Yield
--
Current Stock Chart for MITCHAM INDUSTRIES INC (MIND)

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mitcham industries inc (MIND) Details

Mitcham Industries, Inc., through its subsidiaries, leases, sells, and services geophysical and other equipment to the seismic industry worldwide. The company operates in two segments, Equipment Leasing and Seamap. The Equipment Leasing segment leases seismic equipment for short-term primarily to seismic data acquisition contractors and oil field service providers. This segment also provides land equipment lease pool, including seismic recording land channels, geophones and cables, heli-picker equipment, batteries, and other peripheral equipment; marine seismic equipment lease pool comprising streamers, air guns, streamer positioning equipment, energy source controllers, and other equipment; and downhole equipment lease pool that includes downhole seismic tools. In addition, it is also involved in the sale of new seismic equipment of other manufacturers; and provision of equipment, consumables, systems integration, engineering hardware, and software maintenance support services to the seismic, hydrographic, oceanographic, environmental, and defense industries, as well as sale of used equipment from its lease pool. The Seamap segment designs, manufactures, and sells a range of products for the marine seismic industry. Its products include GunLink seismic source acquisition and control systems, which are designed to provide operators of marine seismic surveys with precise control of energy sources; and BuoyLink RGPS tracking systems that are used to offer precise positioning of seismic sources and streamers. This segment also provides streamer weight collars, depth transducers, pressure transducers, and floatation systems; spare and replacement parts; and repair services, engineering services, training, field service operations, and umbilical terminations. The company was founded in 1987 and is headquartered in Huntsville, Texas.

194 Employees
Last Reported Date: 04/3/14
Founded in 1987

mitcham industries inc (MIND) Top Compensated Officers

Chief Executive Officer, President, Director ...
Total Annual Compensation: $823.1K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $402.4K
Executive Vice President of Marine Systems
Total Annual Compensation: $384.3K
Executive Vice President of Business Developm...
Total Annual Compensation: $321.1K
Compensation as of Fiscal Year 2014.

mitcham industries inc (MIND) Key Developments

Mitcham Industries Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended October 31, 2014; Provides Capital Expenditures Guidance for the Full Year of Fiscal 2015

Mitcham Industries Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended October 31, 2014. For the quarter, the company reported total revenues of USD 22,906,000 compared to USD 20,275,000 for the same period of last year. Operating income was USD 194,000 compared to operating loss of USD 2,552,000 for the same period of last year. Loss before income taxes was USD 340,000 compared to USD 3,106,000 for the same period of last year. Net loss was USD 397,000 compared to USD 2,628,000 for the same period of last year. Basic and diluted loss per share was USD 0.03 compared to USD 0.21 for the same period of last year. EBITDA was USD 9,128,000 compared to USD 4,549,000 for the same period of last year. Adjusted EBITDA was USD 9,438,000 compared to USD 4,836,000 for the same period of last year. Excluding the impact of the charge, net loss was USD 1.7 million, or USD 0.14 per share. For the nine months, the company reported total revenues of USD 68,183,000 compared to USD 68,461,000 for the same period of last year. Operating income was USD 970,000 compared to USD 3,505,000 for the same period of last year. Income before income taxes was USD 483,000 compared to USD 3,847,000 for the same period of last year. Net loss was USD 7,000 compared to net income of USD 2,986,000 for the same period of last year. Basic and diluted loss per share were USD 0.00 compared to basic and diluted earnings per share of USD 0.23 for the same period of last year. EBITDA was USD 28,696,000 compared to USD 26,969,000 for the same period of last year. Adjusted EBITDA was USD 29,702,000 compared to USD 27,808,000 for the same period of last year. Net cash provided by operating activities was USD 16,543,000 compared to USD 18,690,000 for the same period of last year. Purchases of seismic equipment held for lease was USD 15,079,000 compared to USD 13,308,000 for the same period of last year. Purchases of property and equipment were USD 375,000 compared to USD 452,000 for the same period of last year. For the full year of fiscal 2015, the company now expects its capital expenditures to total about USD 12 million. This is a reduction from its previous guidance of USD 15 million due to the ongoing weakness of the [indiscernible] market.

Mitcham Industries Inc. to Report Q3, 2015 Results on Dec 09, 2014

Mitcham Industries Inc. announced that they will report Q3, 2015 results at 5:00 PM, Eastern Standard Time on Dec 09, 2014

Mitcham Industries Inc., Q3 2015 Earnings Call, Dec 10, 2014

Mitcham Industries Inc., Q3 2015 Earnings Call, Dec 10, 2014

 

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MIND Competitors

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CGG SA €5.01 EUR -0.004
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Industry Analysis

MIND

Industry Average

Valuation MIND Industry Range
Price/Earnings 41.5x
Price/Sales 0.8x
Price/Book 0.4x
Price/Cash Flow 18.8x
TEV/Sales 0.3x
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