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MIND Technology, Inc. (MIND) reported a 35% revenue increase to $13.6 million in Q2 FY2026, with net income of 24 cents per share compared to a loss of 11 cents per share in the same quarter last year. Over 56% of MIND’s revenue for the six months ending July 2025 originated from Norway, following the country becoming the largest natural gas supplier to the EU.
Perma-Pipe International Holdings, Inc. (PPIH) achieved Q2 net sales of $47.9 million, a 27.7% increase from $37.5 million the previous year. The company’s adjusted income before tax was $4.9 million. As of FY ending January 31, 2025, 67% of PPIH’s sales were to foreign customers, bolstered by investments in the Middle East, particularly in Saudi Arabia.
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