Overview

* MIND CTI ( MNDO ) Q3 revenue fell to $4.8 mln from $5.2 mln in 2024

* Net income for Q3 was $0.7 mln, down from $0.9 mln in 2024

* MIND CTI ( MNDO ) announces $2.4 mln share repurchase program

Outlook

* Company advances technology roadmap including 5G, cloud, and AI technologies

* Company confident in potential growth once market conditions improve

Result Drivers

* SOLUTION EXTENSION - Successful delivery of a significant extension to an existing customer, demonstrating execution capability

* TECHNOLOGY ADVANCEMENT - Focus on advancing technology roadmap including 5G, cloud, and AI technologies

* FOLLOW-ON ORDERS - Received follow-on orders for additional functionality and system enhancements, including a major infrastructure upgrade

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $4.80

Revenue mln

Q3 EPS $0.03

Q3 Net $700,000

Income

Q3 $1.20

Operatin mln

g Cash

Flow

Q3 $600,000

Operatin

g Income

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)