Mitcham Industries Reports 2011 Third Quarter EPS of $.07

Mitcham Industries, Inc. MIND today announced financial results for its fiscal 2011 third quarter ended October 31, 2010. Total revenues for the third quarter of fiscal 2011 increased to $20.0 million from $14.5 million in the third quarter of fiscal 2010. Net income was $0.7 million, or $0.07 per diluted share, for the third quarter of fiscal 2011 compared to $1.0 million, or $0.10 per diluted share, for the third quarter of fiscal 2010.