Earnings ·
MIND CTI reported second quarter 2026 revenues of $4.6 million and net income of $0.8 million ($0.04 per share)…
MNDOMind Cti Ltd
MIND CTI reported second quarter 2026 revenues of $4.6 million and net income of $0.8 million ($0.04 per share), compared to $4.8 million in revenue and $0.5 million in net income in the prior year period. The company received a Nasdaq notification on June 23, 2026, indicating non-compliance with the minimum bid price requirement, granting a compliance period until December 21, 2026. Additionally, on August 3, 2026, Nasdaq notified MIND of non-compliance with audit committee requirements following Orly Sorokin's resignation from the Board and Audit Committee, providing a cure period until May 2027. The filing also disclosed that interim CEO Monica Iancu has resumed leadership alongside newly appointed Chief Business Officer Orly Sorokin, who resigned from the board but remains in her executive role. MIND CTI Ltd. operates in the telecommunications software industry, providing convergent billing and customer care solutions for service providers.