Posted on Wednesday, September 8th, 2010 at 6:00 pm.
Mitcham Industries, Inc has announced its financial results for the second quarter of the fiscal year 2011 that ended on July 31, 2010.
The total revenues for the company were $15.2 million, which is up from $12.7 million in the second quarter last year. The net loss in the fiscal year of 2011 has gone down to $0.1 million.
The company’s president announced that he is pleased with how the company has increased revenue and sales on the equipment. He also stated that they are more optimistic than they used to be because there has been improved demand for their business.
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