MIND C.T.I.: Exposed To The Soft Europe Market As Revenues Drop

Sep. 06, 2022 9:22 AM ETMIND C.T.I. Ltd (MNDO)

Summary

  • MIND C.T.I. recently reported its Q2 2022 financial results.
  • The firm provides communications company billing software and related products worldwide.
  • 51% of MNDO's revenue comes from Europe and the global slowdown, which may be especially pronounced there, may hit revenue and net results hard.
  • I'm on Hold for MNDO in the near term.
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Side view of an unrecognizable person using a smartphone for scanning the QR code and paying the bill

SrdjanPav/E+ via Getty Images

A Quick Take On MIND C.T.I.

MIND C.T.I. Ltd (NASDAQ:MNDO) reported its Q2 2022 financial results on August 11, 2022, with decreasing revenue and reduced net income.

The company provides a range of billing and customer

5 Quarter Total Revenue

5 Quarter Total Revenue (Seeking Alpha)

5 Quarter Gross Profit

5 Quarter Gross Profit (Seeking Alpha)

5 Quarter Selling, G&A % Of Revenue

5 Quarter Selling, G&A % Of Revenue (Seeking Alpha)

5 Quarter Operating Income

5 Quarter Operating Income (Seeking Alpha)

5 Quarter Earnings Per Share

5 Quarter Earnings Per Share (Seeking Alpha)

52 Week Stock Price

52 Week Stock Price (Seeking Alpha)

SaaS Capital Index

SaaS Capital Index (SaaS Capital)

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This article was written by

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