Mitcham Industries Inc Q4 2016 Earnings Call Transcript - Thomson StreetEvents

Mitcham Industries Inc Q4 2016 Earnings Call Transcript

Mitcham Industries Inc Q4 2016 Earnings Call Transcript - Thomson StreetEvents
Mitcham Industries Inc Q4 2016 Earnings Call Transcript
Published Apr 06, 2016
Published Apr 06, 2016
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About This Report

  
Abstract:

Edited Transcript of MIND.OQ earnings conference call or presentation 6-Apr-16 1:00pm GMT

  
Report Type:

Transcript

Source:
Company:
Mitcham Industries Inc
Ticker
MIND.OQ
Time
1:00pm GMT
Format:
PDF Adobe Acrobat
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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: Gareth Williams - Seaport Global - Analyst : Hi, guys. This is Gareth Williams on behalf of Ken Sill. Just a couple quick questions. I see there's an other expense of around $900,000. What exactly is included in that?


Question: Gareth Williams - Seaport Global - Analyst : Okay, great. Thank you. And then just a quick follow-up, do you guys have any guidance on SG&A moving forward near term?


Question: Gareth Williams - Seaport Global - Analyst : Okay, great. Thank you, guys. I'll turn it back.


Question: Tyson Bauer - Kansas City Capital Associates - Analyst : Good morning, gentlemen.


Question: Tyson Bauer - Kansas City Capital Associates - Analyst : Quick questions on your cash flow outlook overall for 2017 and also a big component of that is your lease pool depreciation, how much that tails off as we go through the year. If you want to touch on those two subjects.


Question: Tyson Bauer - Kansas City Capital Associates - Analyst : Okay. Your doubtful accounts now the last three quarters, $2.2 million, roughly 18% of what your lease revenues have been for the last three quarters. I'm guessing most of those are in that leasing segment where you're taking those account write-offs. Give us the -- are we basically to the point where now you're confident in what you have left in those accounts receivable? Or is this -- the climate we're in now where we're going to see a higher percentage of doubtful accounts going forward?


Question: Tyson Bauer - Kansas City Capital Associates - Analyst : Okay. Thank you.


Question: Ross DeMont - Midwood Capital - Analyst : Good morning, guys. How are you? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. APRIL 06, 2016 / 1:00PM, MIND.OQ - Q4 2016 Mitcham Industries Inc Earnings Call


Question: Ross DeMont - Midwood Capital - Analyst : Quick question. Now that we've reconfigured how we're presenting equipment manufacturing and sales, can you talk about -- we're adding Klein in there effectively. Are we now talking about $35 ish million of revs? And what type of margins should we expect out of that division -- or that segment now that we've got Klein in there?


Question: Ross DeMont - Midwood Capital - Analyst : Okay. That's great. And then on seasonality and equipment leasing, obviously historically, the winter season has been strong for us, with Canada and Russia. Now that those are particularly weak, should we expect that seasonality will look different? Is it possible it would even reverse itself?


Question: Ross DeMont - Midwood Capital - Analyst : Okay.


Question: Ross DeMont - Midwood Capital - Analyst : Okay. That's -- well, maybe one more, which is obviously we made a pretty nice acquisition here. Are we still on the lookout for more, or do you think Klein satisfies what we've been looking for and hoping for?


Question: Ross DeMont - Midwood Capital - Analyst : Okay. Thanks so much.

Table Of Contents

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Mind Technology Inc Q2 2021 Earnings Call Transcript – 2020-09-15 – US$ 54.00 – Edited Transcript of MIND.OQ earnings conference call or presentation 15-Sep-20 1:00pm GMT

Mitcham Industries Inc Q3 2017 Earnings Call Transcript – 2016-12-08 – US$ 54.00 – Edited Transcript of MIND.OQ earnings conference call or presentation 8-Dec-16 2:00pm GMT

Mitcham Industries Inc Q2 2017 Earnings Call Transcript – 2016-09-08 – US$ 54.00 – Edited Transcript of MIND.OQ earnings conference call or presentation 8-Sep-16 1:00pm GMT

Mitcham Industries Inc Q1 2017 Earnings Call Transcript – 2016-06-09 – US$ 54.00 – Edited Transcript of MIND.OQ earnings conference call or presentation 9-Jun-16 1:00pm GMT

Mitcham Industries Inc Q3 2016 Earnings Call Transcript – 2015-12-09 – US$ 54.00 – Edited Transcript of MIND.OQ earnings conference call or presentation 9-Dec-15 2:00pm GMT

Mitcham Industries Inc Q2 2016 Earnings Call Transcript – 2015-09-03 – US$ 54.00 – Edited Transcript of MIND.OQ earnings conference call or presentation 3-Sep-15 1:00pm GMT

Mitcham Industries Inc Q1 2016 Earnings Call Transcript – 2015-06-03 – US$ 54.00 – Edited Transcript of MIND.OQ earnings conference call or presentation 3-Jun-15 1:00pm GMT

Mitcham Industries Inc Q4 2015 Earnings Call Transcript – 2015-04-08 – US$ 54.00 – Edited Transcript of MIND.OQ earnings conference call or presentation 8-Apr-15 1:00pm GMT

Mitcham Industries Provides Fiscal 2015 Fourth Quarter Update Transcript – 2015-03-10 – US$ 54.00 – Edited Transcript of MIND.OQ guidance conference call or presentation 10-Mar-15 1:00pm GMT

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Thomson StreetEvents. "Mitcham Industries Inc Q4 2016 Earnings Call Transcript" Apr 06, 2016. Alacra Store. Nov 06, 2026. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2016-Mitcham-Industries-Inc-Earnings-Call-T5961569>
  
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Thomson StreetEvents. (2016). Mitcham Industries Inc Q4 2016 Earnings Call Transcript Apr 06, 2016. New York, NY: Alacra Store. Retrieved Nov 06, 2026 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q4-2016-Mitcham-Industries-Inc-Earnings-Call-T5961569>
  
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