I'm expecting MIND to report good 2nd quarter results. They are on a fiscal year, so their 2nd quarter ended July 31. The 2nd quarter is always the low point in Mitcham's year but they have now diversified their business so the quarter will be profitable. First Call estimates they will report 13 cents earnings per share for Q2 (compared to a 1 cent loss per share last year). I think there is a good chance they will top that. Demand for their equipment remains very strong outside of North America and it is picking up in the U.S. shale plays. Also, they are now expecting a strong second half in Canada and Russia. - Dan
HUNTSVILLE, Texas, Aug. 18, 2011 /PRNewswire/ -- Mitcham Industries, Inc. (NASDAQ:MIND - News) announced today that it will release financial results for its fiscal 2012 second quarter ended July 31, 2011 on Wednesday, September 7, 2011 after the close of the market. In conjunction with the release, the Company has scheduled a conference call, which will be broadcast live over the Internet, for Thursday, September 8 at 9:00 a.m. Eastern Time / 8:00 a.m. Central Time.