Mistras Group

MISTRAS Group, Inc. engages in the provision of technology-enabled asset protection solutions. The firm serves the oil and gas, aerospace, power, infrastructure, and manufacturing markets. It operates through the following segments: Services, International Offers Services, and Products and Systems. The Services segment provides asset protection solutions primarily in North America, consisting primarily of non-destructive testing, inspection, mechanical, and engineering services. The International Offers Services segment offers services, products, and systems to markets within Europe, the Middle East, Africa, Asia except, China and South Korea, which are served by the Products and Systems segment, and South America. The Products and Systems segment designs, manufactures, sells, installs, and services the company's asset protection products and systems, including equipment and instrumentation, mainly in the United States. The company was founded by Sotirios J. Vahaviolos in 1978 and is headquartered in Princeton Junction, NJ.

Earnings data Q1 2021

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Earnings data Q4 2022

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Earnings data Q1 2024

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Earnings data Q4 2024

Mistras Group excels in Q4, poised for sustainable growth

Mistras Group's Q4 performance reflects financial strength, operational efficiency, and growth across sectors, driven by data solutions and cost discipline.
The company's strategic initiatives, like Project Phoenix, aim to accelerate growth and improve profitability, while the focus on digital products signals a positive market response.
With a solid outlook for 2023, Mistras Group is poised for sustainable growth, aiming to leverage opportunities in data solutions, core markets, and technology advancements.

Mistras Group reports robust Q1 performance and eyes strategic investments

Mistras Group's Q1 2023 performance reflects strong revenue growth, margin expansion, and strategic investments in technology and capabilities.
The company's focus on reducing debt, driving organic growth, and exploring investment options underscores its commitment to long-term value creation and sustainable expansion.
While challenges in balancing growth investments and debt reduction persist, Mistras Group's proactive approach positions it well to capitalize on market opportunities and drive future growth.

Mistras Group reports stable Q2 revenue, eyes growth in key sectors

Mistras Group's Q2 2023 earnings call highlighted a strategic focus on operational efficiency and value creation, leading to stable revenue and growth prospects. Despite challenges like project delays, the company's strengths in key markets and investments in high-growth areas position it well for future opportunities. With a strong performance in data solutions and promising sectors like aerospace and oil and gas, Mistras Group remains optimistic about its growth trajectory.

Mistras Group reports Q3 growth, eyes record EBITDA in 2024

Mistras Group's Q3 2023 performance showed positive revenue and margin trends.
Project Phoenix initiatives aim to drive savings and achieve record EBITDA in 2024.
Challenges include impairment charges and lower guidance for fiscal 2023.
Opportunities lie in organic and inorganic growth, data analytics, and customer relationships.

MISTRAS Group surpasses Q4 expectations, eyes record 2024 performance

MISTRAS Group's Q4 performance exceeded expectations, setting the stage for a promising 2024 with a focus on operational efficiency and growth initiatives.
Strategic changes in management and operations are driving financial performance improvements and unlocking intrinsic value for shareholders.
With a strong emphasis on Project Phoenix, cost-saving measures, and revenue growth strategies, the company is poised for sustainable success in the coming year.

Mistras Group excels in Q1 2024, eyes growth in Data Analytics and Aerospace

Mistras Group's strong Q1 2024 performance was driven by strategic initiatives and cost reductions. Despite challenges in Data Analytical Solutions, the company remains optimistic about meeting targets and sustaining growth momentum. Opportunities lie in expanding the Data Analytical Solutions segment and capitalizing on the aerospace sector's potential.

Mistras Group reports Q3 growth, eyes aerospace expansion opportunities

Mistras Group delivered solid Q3 results with revenue and EBITDA growth, improved cash flow, and reduced SG&A expenses.
The company is strategically positioned for growth with revised cash flow outlook, expansion plans, and revenue growth expectations.
Challenges include pricing impacts on downstream revenue and the ongoing CEO search, requiring careful navigation.
Opportunities lie in aerospace and defense sector growth, private space industry expansion, and international segment potential.

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MISTRAS Group, Inc. engages in the provision of technology-enabled asset protection solutions. The firm serves the oil and gas, aerospace, power, infrastructure, and manufacturing markets. It operates through the following segments: North America, International Offers Services, and Products and Systems. The North America segment provides asset protection solutions primarily in North America, consisting primarily of non-destructive testing, inspection, mechanical, and engineering services. The International Offers Services segment offers services, products, and systems to markets within Europe, the Middle East, Africa, Asia except, China and South Korea, which are served by the Products and Systems segment, and South America. The Products and Systems segment designs, manufactures, sells, installs, and services the company's asset protection products and systems, including equipment and instrumentation, mainly in the United States. The company was founded by Sotirios J. Vahaviolos in 1978 and is headquartered in Princeton Junction, NJ.

PRINCETON JUNCTION, N.J., Sept. 16, 2021 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) – a leading “one source” global provider of technology-enabled asset protection solutions used to maximize the uptime and safety of critical energy, industrial, and public infrastructure – announced today that Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will participate in investor meetings and a fireside chat at the Sidoti Virtual Investor Conference.

MISTRAS Group to Hold a Live Q&A Fireside Chat at the Sidoti Virtual Investor Conference

PRINCETON JUNCTION, N.J., Sept. 12, 2021 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) – a leading “one source” global provider of technology-enabled asset protection solutions used to maximize the uptime and safety of critical energy, industrial, and public infrastructure – announced today that Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will be presenting at the H.C. Wainwright Global Investment Conference, which is being held virtually from September 13-15, 2021. Management will also be hosting virtual one-on-one meetings throughout the conference.

MISTRAS Group to Participate in the 23rd Annual H.C. Wainwright Global Investment Conference

PRINCETON JUNCTION, N.J., Aug. 11, 2021 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) – a leading “one source” global provider of technology-enabled asset protection solutions used to maximize the uptime and safety of critical energy, industrial, and public infrastructure – announced today that Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will be presenting on August 18, 2021, from 8:30 am – 9:00 am EDT at the Sidoti August Microcap Conference, which is being held virtually. Management will also be hosting virtual one-on-one meetings throughout the conference.

MISTRAS Group to Present at the Sidoti August Microcap Conference August 18, 2021 At 8:30 AM EDT

MISTRAS Group, Inc. (MG) CEO Dennis Bertolotti on Q2 2021 Results - Earnings Call Transcript

MISTRAS Group (NYSE:MG) announces its next round of earnings this Monday, August 02. Here is Benzinga's everything-that-matters guide for this Monday's Q2 earnings announcement.

Earnings Outlook For MISTRAS Group

Mistras (MG) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

Despite Fast-paced Momentum, Mistras (MG) Is Still a Bargain Stock

Mistras (MG) delivered earnings and revenue surprises of 175.00% and 7.10%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Mistras (MG) Q2 Earnings and Revenues Surpass Estimates

Shares of MISTRAS Group (NYSE:MG) moved higher in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 466.67% over the past year to $0.22, which beat the estimate of $0.12.

Recap: MISTRAS Group Q2 Earnings

Strong Top and Bottom-line Growth resulting in Solid Cash Flow Revenue up 42.8% to $177.7 million with Net Income of $5.9 million and diluted EPS of $0.20 Adjusted EBITDA increased 96.5% to $22.6 million and Operating Cash Flow of $15.0 million

MISTRAS Announces Second Quarter and First Half 2021 Results

PRINCETON JUNCTION, N.J., July 28, 2021 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE:MG) has scheduled a conference call for Tuesday, August 3, 2021 at 9:00 am Eastern Time to discuss its results for the second quarter of 2021. A press release with the second quarter results will be issued after the close of market on Monday, August 2, 2021.

MISTRAS Group Announces Conference Call to Discuss Second Quarter 2021 Results on August 3, 2021

Mistras (MG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Mistras (MG) to Report Q2 Results: Wall Street Expects Earnings Growth

PRINCETON JUNCTION, N.J., June 21, 2021 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) – a leading "one source" multinational provider of integrated technology-enabled asset protection solutions – announced today that Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will participate in investor meetings and a fireside chat at the Sidoti Virtual Investor Conference on Wednesday, June 23, 2021 at 1:45 PM Eastern Time.

MISTRAS Group to Present at the Sidoti Virtual Investor Conference on June 23, 2021

Significantly Lowers the Cost of Borrowing, Adds Expanded Covenant Flexibility, and Enables Continued Investment in Organic Growth Drivers, Including Digital Data Initiatives Significantly Lowers the Cost of Borrowing, Adds Expanded Covenant Flexibility, and Enables Continued Investment in Organic Growth Drivers, Including Digital Data Initiatives

MISTRAS Group Announces Amendment to Existing Credit Agreement

SiTime Corporation

MG vs. SITM: Which Stock Is the Better Value Option?

MG vs. SITM: Which Stock Should Value Investors Buy Now?

Mistras Group, Inc. (MG) CEO Dennis Bertolotti on Q1 2021 Results - Earnings Call Transcript

Mistras (MG) delivered earnings and revenue surprises of 12.50% and -2.02%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

Mistras (MG) Reports Q1 Loss, Misses Revenue Estimates

Revenue in Line with Outlook and on Track for Significant Improvement over remainder of Fiscal 2021 Continued Gross Margin Expansion - Gross Profit Margin up 50 basis points Strong Expense Discipline - Selling, General and Administrative expenses decrease by 4.6% Profitability Improves - Net loss decreased to $5.4 million, with Adjusted EBITDA up 30.2% to $7.0 million

MISTRAS Group Announces First Quarter 2021 Results

PRINCETON JUNCTION, N.J., April 30, 2021 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE:MG) has scheduled a conference call for Thursday, May 6, 2021 at 9:00 am Eastern Time to discuss its results for the first quarter of 2021. A press release with the first quarter results will be issued after the close of market on Wednesday, May 5, 2021.

MISTRAS Group Announces Conference Call to Discuss First Quarter 2021 Results on May 6, 2021

MG or SITM: Which Is the Better Value Stock Right Now?

As of late, it has definitely been a great time to be an investor in Mistras Group (MG).

Mistras Group's (MG) Shares March Higher, Can It Continue?

LIVE WEBCAST OF CORPORATE PRESENTATION – MARCH 23, 2021, AT 1:30 PM ET LIVE WEBCAST OF CORPORATE PRESENTATION – MARCH 23, 2021, AT 1:30 PM ET

MISTRAS Group to Present at 2021 Q1 Virtual Investor Summit

Mistras Group's (MG) CEO Dennis Bertolotti on Q4 2020 Results - Earnings Call Transcript

The stock price of Mistras Group Inc (NYSE: MG) has increased by over 19% during intraday trading. This is why it happened.

MG Stock Price Increases Over 19% Intraday: Why It Happened

Shares of MISTRAS Group (NYSE:MG) fell after the company reported Q4 results. Quarterly Results Earnings per share were up 66.67% over the past year to $0.05, which beat the estimate of ($0.02).

MISTRAS Group: Q4 Earnings Insights

Third Consecutive Year of over 100 Basis Point Expansion of Annual Gross Profit Margin to 30.1%

News for Mistras Group Stock (MG)