The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Ross DeMont - Midwood Capital Management - Analyst
: Good morning. Quick question; the $6 million of deferred Seamap revenues, should we infer from that that we're going to have a $6 million quarter
next quarter in Seamap? Or is it $6 million on top of normal order rates for Seamap?
Question: Ross DeMont - Midwood Capital Management - Analyst
: Okay. And then the increase in our Australian subsidiary, can you just give a little bit more? Maybe quantify that a little bit more?
Question: Ross DeMont - Midwood Capital Management - Analyst
: That's all I've got. Thank you.
Question: Georg Venturatos - Johnson Rice & Company - Analyst
: Good morning, guys. Just wanted to actually touch on Seamap as well. You talked about the deferred shipments that we'll see in 3Q that didn't hit
the second quarter. You did talk about the additional shipments as well in the back of the year. Was there anything incremental that we got in the
quarter, sorry if I missed this, beyond what we talked about last quarter in terms of expectations for system deliveries?
Question: Georg Venturatos - Johnson Rice & Company - Analyst
: Okay. And then thought it was interesting you also saw the opportunities for equipping some new and reconfigured vessels. Anything further you
can talk about there in terms of timing or what's changing in terms of the environment and willingness to see some of your equipment used there?
Question: Georg Venturatos - Johnson Rice & Company - Analyst
: Got it. I appreciate that. And then last one for me just -- did mention Canada at least early indications not encouraging. Any kind of quantification
you could even guess at this point in terms of what we might see year over year or how you see that season shaping up at this point?
Question: Georg Venturatos - Johnson Rice & Company - Analyst
: Got it. I guess last one, Rob, probably better for you. On expectations second half from an operating cash flow perspective?
Question: Georg Venturatos - Johnson Rice & Company - Analyst
: Okay perfect. Thanks a lot, guys.
Question: Veny Aleksandrov - FIG Partners, LLC - Analyst
: My first question is [all team as] without going into details that you might not want to go into, the two contracts that were delayed, was it operational
issue, that the client were not ready or was it from the [snow] issues?
Question: Veny Aleksandrov - FIG Partners, LLC - Analyst
: Sounds like that needed more time. It was not (technical difficulty). And in terms of Russia, you said that you have early indications, and I understand
how early it is and it is just indication, but are you -- based on these indications do you see a normal winter or a little bit stronger than last winter
or very strong winter?
Question: Veny Aleksandrov - FIG Partners, LLC - Analyst
: Okay. And how many channels do you have in this market right now?
Question: Veny Aleksandrov - FIG Partners, LLC - Analyst
: That's great. Thank you so much.
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SEPTEMBER 03, 2015 / 1:00PM, MIND.OQ - Q2 2016 Mitcham Industries Inc Earnings Call
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