MIND C.T.I Reports $0.04 GAAP EPS for Q1, with operating income jumping to 18% of revenue from 7% a year earlier.
MIND C.T.I (MNDO) posted Q1 GAAP earnings per share of $0.04 and revenue of $5.1 million, matching market expectations. Operating income reached $0.9 million, or 18% of total revenue, up from $0.4 million and 7% in the same period last year.
The company’s cash flow from operating activities totaled $0.6 million, slightly below the $0.7 million recorded in Q1 2025. Revenue growth was driven by stronger demand in its core segments, though operating margins saw a notable improvement.
Shares showed muted reaction in pre-market trading as investors digested the results.