By Stephen Nakrosis
Shares of MIND Expertise Inc. had been buying and selling greater in Wednesday’s after-hours session, following information the corporate obtained about $7.7 million in orders for sonar and supply controller techniques.
The corporate’s additionally mentioned its board elected to not declare a quarterly money dividend on its 9% Collection A Cumulative Most well-liked Inventory for the second quarter of its fiscal 12 months.
At 4:25 p.m. ET, the corporate’s shares had risen 34.4% to commerce at $1.12 per share. The inventory completed the day’s common session with a 2.9% achieve, closing at 83 cents per share.
12 months up to now, the inventory is down by over 50%.
Write to Stephen Nakrosis at [email protected]
