More on Mitcham Industries (MIND): Q2 beats on all counts as total revenue jumps 8.4% Y/Y....

|About: Mitcham Industries, Inc. (MIND)|By:, SA News Editor

More on Mitcham Industries (MIND): Q2 beats on all counts as total revenue jumps 8.4% Y/Y. Profit surged, driven by a favorable tax impact which masked a decline in equipment leasing revenue. The company issued upbeat comments for H2 however, saying it expects leasing business results to improve, with activity already picking up in Latin America. It also expects strong winter seasons in Canada and Russia, as well as solid marine leasing activity. Shares +5.7% AH.