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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

MISTRAS Group (NYSE:MG) announces its next round of earnings this Tuesday, March 16. Here is Benzinga's look at MISTRAS Group's Q4 earnings report.

Earnings Preview for MISTRAS Group

PRINCETON JUNCTION, N.J., March 12, 2021 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE:MG) has scheduled a conference call for Wednesday, March 17, 2021 at 9:00am Eastern Time to discuss its results for the fourth quarter and fiscal year ended December 31, 2020. A press release with the fourth quarter results will be issued after the close of market on Tuesday, March 16, 2021.

MISTRAS Group Announces Conference Call to Discuss Fourth Quarter and 2020 Year End Results

PRINCETON JUNCTION, N.J., Jan. 07, 2021 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) – a leading "one source" multinational provider of integrated technology-enabled asset protection solutions – announced today that it would be presenting at the Sidoti Winter 2021 Virtual Investor Conference. Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will present a corporate overview at 1:45 PM ET on Wednesday, January 13, 2021. Management will also be available for one-on-one meetings with investors throughout the conference.

MISTRAS Group to Present at the Sidoti Winter 2021 Virtual Investor Conference on January 13, 2021

Mistras (MG) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

Mistras (MG) Catches Eye: Stock Jumps 6%

PRINCETON JUNCTION, N.J., Dec. 02, 2020 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE: MG) announced today that Mr. Charles P. Pizzi, Independence Health Group Chairman and former executive of Tasty Baking Company, has been elected to the company's Board of Directors, effective January 1, 2021.

Mistras Group, Inc. Elects Charles P. Pizzi to Board of Directors

Live Webcast of Corporate Presentation – November 16, 2020, at 11:00 AM ET Live Webcast of Corporate Presentation – November 16, 2020, at 11:00 AM ET

MISTRAS Group to Present at November 2020 Virtual Fall Investor Summit

Mistras Group's (MG) CEO Dennis Bertolotti on Q3 2020 Results - Earnings Call Transcript

Mistras (MG) delivered earnings and revenue surprises of 200.00% and 0.06%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Mistras (MG) Q3 Earnings and Revenues Top Estimates

Sequential Quarterly Revenue Growth of 18.9%; Year over Year Quarterly Gross Profit Margin Increased by 190 bps and SG&A expense decreased by 12.3%; Continued Positive Quarterly Operating Cash Flow, Free Cash Flow and Debt Reduction

MISTRAS Group Announces Third Quarter 2020 Results

PRINCETON JUNCTION, N.J., Nov. 02, 2020 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE:MG) has scheduled a conference call for Thursday, November 5, 2020 at 9:00 am Eastern Time to discuss its results for the third quarter of 2020. A press release with the third quarter results will be issued after the close of market on Wednesday, November 4, 2020.

MISTRAS Group Announces Conference Call to Discuss Third Quarter 2020 Results on November 5, 2020

LIVE WEBCAST OF CORPORATE PRESENTATION – SEPTEMBER 23, 2020, AT 2:30 PM ET

MISTRAS Group to Present at September 2020 Sidoti Virtual Investor Conference

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

Mistras' Shares March Higher, Can It Continue?

MISTRAS Group Inc (MG) CEO Dennis Bertolotti on Q2 2020 Results - Earnings Call Transcript

Cash from operations of $28.8 million up 122% and Free cash flow of $25.5 million, up 284%,      from the year ago quarter

MISTRAS Group Announces Second Quarter 2020 Results

PRINCETON JUNCTION, N.J., Aug.  04, 2020  (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE:MG) has scheduled a conference call for Thursday, August 6, 2020 at 9:30 am Eastern Time to discuss its results for the second quarter of 2020. A press release with the second quarter results will be issued after the close of market on Wednesday, August 5, 2020.

MISTRAS Group Announces Conference Call to Discuss Second Quarter 2020 Results on August 6, 2020

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Mistras Group, Inc. (MG) CEO Dennis Bertolotti on Q1 2020 Results - Earnings Call Transcript

Revenue for the Quarter Exceeds Forecast    Cash on hand Increased from Year End     Selling, General & Administrative Expense Run Rate Reduced    Strategic Actions Implemented to Lower Costs Further in 2020

MISTRAS Group Announces First Quarter 2020 Results

Let's see if Mistras Group (MG) stock is a good choice for value-oriented investors right now from multiple angles.

Is Mistras Group (MG) a Good Choose for Value Investors?

Mistras Group, Inc. (MG) CEO Dennis Bertolotti on Q4 2019 Results - Earnings Call Transcript

PRINCETON JUNCTION, N.J., Feb.  14, 2020  (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE:MG), a leading "one source" global provider of technology-enabled asset protection solutions, announced Dr. Anthony J. “Tony” Tether has joined MISTRAS as its Advanced Technical Solutions Consultant.

Dr. Anthony J. “Tony” Tether Joins MISTRAS Group as Advanced Technical Solutions Consultant

Mistras Group: Energy Crash Is A Buying Opportunity

Mistras Group could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front.

Moving Average Crossover Alert: Mistras Group

Mistras Group, Inc. (MG) CEO Dennis Bertolotti on Q3 2019 Results - Earnings Call Transcript

Mistras (MG) delivered earnings and revenue surprises of -45.45% and -1.49%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?

News for Mistras Group Stock (MG)