{"filings":[{"id":2164557,"accession_number":"0001628280-26-055344","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2026-08-10T21:10:19+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Q2 revenue up 4.2% to $193.1M, record adjusted EBITDA; raises FY2026 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $193.1M, +4.2% YoY, driven by Infrastructure, Power Generation, and Aerospace & Defense demand.","Q2 GAAP net income $7.6M ($0.23 diluted EPS); non-GAAP net income $9.1M, EPS $0.28.","Record Q2 adjusted EBITDA $25.8M, +7.0%; margin 13.3%, up 30 bps; gross margin 29.2% (+10 bps).","H1 revenue $362.2M (+4.4%); income from operations +137.7% to $17.6M; adjusted EBITDA $40.1M (+10.9%).","FY2026 revenue and adjusted EBITDA guidance raised; new figures not disclosed in the excerpt provided."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":555319,"accession_number":"0001628280-26-036918","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2026-05-20T20:30:39+00:00","items":["5.07"],"status":"ready","headline":"Mistras Group shareholders elect all director nominees, approve auditor and LTIP amendment at 2026 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All seven director nominees elected; for votes ranged from 96.7% to 99.5% of votes cast excluding broker non-votes.","Ratification of PricewaterhouseCoopers LLP as independent auditor for 2026 approved with 29,907,768 for, 164,402 against.","Amendment to the 2016 Long-Term Incentive Plan approved with 25,998,434 for, 504,542 against, 3,536,377 broker non-votes.","Advisory vote on executive compensation approved with 26,123,604 for, 212,125 against, 212,770 abstentions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92846,"accession_number":"0001628280-26-030733","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2026-05-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Q1 revenue $169M +4.6%, GAAP net income $2.4M vs prior-year loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net income of $2.4M ($0.07 diluted EPS) compared to a net loss of $4.3M a year ago.","Revenue increased 4.6% to $169.0M driven by 35.5% growth in Aerospace & Defense segment.","Gross profit margin expanded 120 bps to 26.5%; Adjusted EBITDA rose 18.7% to $14.3M.","Adjusted EBITDA margin improved 110 bps to 8.5%."],"consensus_eps_estimate":null,"consensus_eps_actual":0.07,"consensus_revenue_estimate":null,"consensus_revenue_actual":169034000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":104023,"accession_number":"0001628280-26-014662","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2026-03-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Group Q4 revenue $181.5M (+5.1%); net income $3.9M; record Adjusted EBITDA $24.8M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $181.5M (+5.1% YoY); net income $3.9M, diluted EPS $0.12.","Record Q4 Adjusted EBITDA $24.8M (+18.2%), margin 13.7%, up 160 bps.","Full year revenue $724.0M; net income $16.8M, diluted EPS $0.53.","Full year Adjusted EBITDA $91.1M (+10.5%), margin 12.6%, up 130 bps.","Gross margin expanded 190 bps to 28.4% in Q4; full year margin 28.2%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":120308,"accession_number":"0001436126-25-000093","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2025-11-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Q3 revenue $195.5M (+7% YoY), net income $13.1M, record Adj. EBITDA $30.2M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $195.5M (+7.0% YoY); gross profit margin 29.8% (+300 bps).","Net income $13.1M, diluted EPS $0.41; record Adj. EBITDA $30.2M (+29.6%).","Nine-month revenue $542.6M (-2.6% YoY, flat ex-laboratory consolidations); net income $12.9M.","Adj. EBITDA margin expanded 270 bps to 15.4% in Q3; YTD Adj. EBITDA $66.3M (+7.7%).","Organic revenue growth across five largest industries; gross profit up 19.0% to $58.2M."],"consensus_eps_estimate":null,"consensus_eps_actual":0.41,"consensus_revenue_estimate":null,"consensus_revenue_actual":542569000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136885,"accession_number":"0001436126-25-000074","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2025-09-10T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Mistras awards CEO Natalia Shuman 25,000 RSUs and 35,000 options at $9.71","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["25,000 RSUs granted Sept 8, 2025; vest 1/3 annually on Sept 8 of 2026-2028.","Options to purchase 35,000 shares at $9.71, cliff vest Sept 8, 2026, expire 10 years.","Board cited need for CEO stock ownership alignment; Shuman had no prior equity grant.","RSUs and options are under the 2016 LTIP and include acceleration on termination without cause/death/disability."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136884,"accession_number":"0001436126-25-000063","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Q2 2025 revenue $185.4M, flat YoY; net income $3.0M; adjusted EBITDA record $24.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $185.4M down 2.3% YoY, flat excluding voluntary lab consolidations; gross profit margin expanded 200 bps to 29.1%.","Net income $3.0M ($0.10 diluted EPS); net income excl. special items $5.8M ($0.19 diluted EPS) (Non-GAAP).","All-time highest Q2 adjusted EBITDA $24.1M, up 8.9%; adjusted EBITDA margin 13.0% (expansion 130 bps).","SG&A expenses $39.8M up 10% primarily due to $2.8M foreign exchange loss.","Robust organic revenue growth in Aerospace & Defense and Industrial markets."],"consensus_eps_estimate":null,"consensus_eps_actual":0.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":347020000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154122,"accession_number":"0001436126-25-000039","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2025-05-23T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Mistras shareholders elect all seven director nominees, ratify auditor, approve say-on-pay at 2025 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All seven director nominees elected with >25M votes for; broker non-votes ~3.4M.","Ratification of PricewaterhouseCoopers as 2025 auditor: 28.9M for, 474K against, 44K abstain.","Advisory vote on executive compensation approved: 25.2M for, 518K against, 233K abstain, 3.4M broker non-votes.","Meeting held May 19, 2025; no other matters voted upon."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":154121,"accession_number":"0001436126-25-000031","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Q1 revenue falls 12.4% to $161.6M; net loss of $3.2M, Adjusted EBITDA $12.0M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $161.6M, down 12.4% YoY; gross profit margin improved 30bps to 25.3%.","Net loss of $3.2M inclusive of $3.6M special items; Adjusted EBITDA of $12.0M.","Net cash from operations $5.6M, up $5.0M YoY; SG&A expenses decreased 1.7% to $35.7M.","Company highlights new senior leadership, integrated data solutions, and unified accredited labs.","Q1 results reflect revenue decline but margin and cash flow improvements versus prior year."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.1,"consensus_revenue_estimate":null,"consensus_revenue_actual":161615000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172733,"accession_number":"0001436126-25-000021","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2025-03-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras FY 2024 net income up 209% to $19.0M; Adj EBITDA up 25.3% to $82.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue grew 3.4% to undisclosed base; net income $19.0M vs $6.2M prior year.","Adjusted EBITDA (non-GAAP) $82.5M, up 25.3%; Free Cash Flow $27.1M, up 775.9%.","Q4 EPS $0.17; operating cash flow $25.7M; SG&A decreased $10.4M (6.2%) for FY.","Net cash from operations $50.1M, up 87.4%; margin improvement drove profitability."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172732,"accession_number":"0001436126-25-000016","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2025-02-13T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Mistras Group terminates EVP and President of Services John Smith without cause","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["John Smith, Executive VP and President of Services, terminated on Feb 7, 2025.","Separation is without cause; severance and benefits per 2024 proxy statement.","No cause for termination; severance subject to release agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172731,"accession_number":"0001436126-25-000013","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2025-02-07T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"MISTRAS founder Dr. Sotirios Vahaviolos passes away; company affirms continuity","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Dr. Sotirios Vahaviolos, founder and Chairman Emeritus, passed away on February 6, 2025.","He founded MISTRAS in 1978, building it into a global NDT leader with over 5,000 employees.","Board states no changes to management or strategic direction; succession planned for years.","Executive Chairman Manny Stamatakis expressed gratitude for Vahaviolos' legacy and contributions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172730,"accession_number":"0001436126-25-000010","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2025-01-02T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Mistras Group enters employment agreement with CFO Edward Prajzner effective Jan 1, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Base salary $500K, target annual bonus 100% of base, auto allowance $10,100.","Target equity incentive 125% of base salary for 2024 and 2025 (0-200% payout range).","Severance: 24 months base salary, pro-rata bonus, 12 months COBRA, accelerated vesting of special award and earned RSUs.","Non-compete covenant for 12 months and non-solicitation for 24 months post-termination.","If termination within 90 days before or 12 months after change in control, lump sum equals 2x target bonus."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":172729,"accession_number":"0001436126-25-000008","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K/A","filed_at":"2025-01-02T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Mistras Group finalizes Executive Chairman Stamatakis pay; base $725K, option for 375K shares","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Base salary $725,000, target bonus 100% of base (0-200% range), target equity 200% of base (0-200% range).","Stock option for 375,000 shares at Jan 6, 2025 closing price, vesting on first anniversary.","Severance: lump sum of 200% of base salary on qualifying termination without cause/good reason (except post-change-in-control).","Employment agreement effective Jan 1, 2025, replaces prior agreement from Oct 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189750,"accession_number":"0001436126-24-000074","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2024-12-16T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Mistras Group appoints Hani Hammad as COO effective Jan 1, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Hani Hammad, previously EVP and Chief Transformation Officer, appointed COO effective Jan 1, 2025, reporting to CEO Natalia Shuman.","As COO, Hammad will have initial annual base salary of $450,000 and target annual bonus of 100% of salary.","Hammad led Project Phoenix EBITDA improvement program identifying over $47M in annual run-rate EBITDA improvements.","He joined Mistras in March 2024 from AlixPartners; will continue as EVP.","Compensation modifications to his employment agreement are being finalized; severance includes 12-month base salary continuation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189749,"accession_number":"0001436126-24-000071","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2024-12-05T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Mistras Group appoints Natalia Shuman as CEO effective Jan 1, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Natalia Shuman (Shuman-Fabbri) named President and CEO; succeeds Manuel Stamatakis who remains Executive Chairman.","Base salary of $850,000 with target annual bonus of 100% of base; 2025 equity target at 200% of base.","Severance includes 24 months salary continuation, pro-rata bonus, and accelerated vesting for qualifying exits.","Shuman previously an executive at Eurofins Scientific and Bureau Veritas; holds dual MBA from Columbia/London Business School."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189748,"accession_number":"0001436126-24-000062","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["2.02","1.02","9.01"],"status":"ready","headline":"Mistras Q3 revenue $182.7M (+1.9%), net income $6.4M, Adjusted EBITDA +11.5%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $182.7M, up 1.9% YoY; gross margin 29.9% vs. prior year comparable.","Net income $6.4M ($0.20 diluted EPS) vs. prior year net income; Adjusted EBITDA $23.3M (+11.5%).","International segment drove growth; year-to-date revenue $556.9M (+6.4%), net income $13.8M.","Year-to-date Adjusted EBITDA $61.6M (+32.1%); gross margin expanded 40 bps to 29.1%.","No forward guidance provided in the release."],"consensus_eps_estimate":0.3039,"consensus_eps_actual":0.44,"consensus_revenue_estimate":null,"consensus_revenue_actual":556909000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":189747,"accession_number":"0001436126-24-000060","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Q3 revenue $182.7M up 1.9%; net income $6.4M ($0.20 EPS); adj. EBITDA $23.3M (+11.5%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $182.7M, +1.9% YoY; gross profit $54.6M, margin 29.9%.","Net income $6.4M; diluted EPS $0.20.","Adjusted EBITDA $23.3M, +11.5% YoY.","YTD revenue $556.9M (+6.4%); net income $13.8M; adj. EBITDA $61.6M (+32.1%).","International segment revenue growth drove results (specifics not disclosed)."],"consensus_eps_estimate":0.3039,"consensus_eps_actual":0.44,"consensus_revenue_estimate":null,"consensus_revenue_actual":556909000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206256,"accession_number":"0001436126-24-000055","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2024-09-18T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Mistras Group adopts executive severance plan effective Oct 2023; corrects prior filing error","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Plan covers U.S.-based EVP and above, plus SVPs designated by CEO with Compensation Committee concurrence.","Severance: 12 months base salary plus pro-rata bonus on non-CIC termination; 1.5x salary plus bonus on CIC termination.","Benefits include COBRA subsidy for Restricted Period, continued equity vesting during non-CIC Restricted Period.","Plan may be amended or terminated by Company at any time; disputes subject to arbitration.","Original Form 10-K filed March 2024 included incorrect prior version; corrected exhibit now filed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":206255,"accession_number":"0001436126-24-000046","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2024-07-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Q2 revenue up 7.8% to $189.8M; net income $6.4M, Adjusted EBITDA up 44.6%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $189.8M (+7.8% YoY); gross profit margin 29.6%, up 140 bps.","Net income $6.4M ($0.20 diluted EPS) vs prior year positive.","Adjusted EBITDA $22.1M, +44.6% from prior year.","First half revenue $374.2M (+8.8%); net income $7.4M; Adjusted EBITDA $38.3M (+48.8%).","All industry segments grew; SG&A expenses declined further."],"consensus_eps_estimate":0.1923,"consensus_eps_actual":0.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":374215000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":223330,"accession_number":"0001436126-24-000037","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2024-05-20T23:59:59+00:00","items":["5.02","5.07"],"status":"ready","headline":"Mistras awards Chairman/Interim CEO 125k RSUs; shareholders approve LTIP amendment","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["125,000 RSUs awarded to Chairman/Interim CEO Manuel Stamatakis, vesting May 14, 2025.","RSUs include retirement provision; vest upon retirement if restrictive covenants met.","Shareholders elected all 7 director nominees; votes ranged from 16.7M to 20.5M for each.","Shareholders approved amendment to 2016 Long-Term Incentive Plan, increasing authorized shares by 1.3M.","Shareholders ratified PwC as independent auditor for 2024 and approved executive compensation on advisory basis."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":223329,"accession_number":"0001436126-24-000029","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2024-05-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MISTRAS Q1 revenue $184.4M (+9.8%); net income $1.0M vs loss $5.0M YoY; Adj. EBITDA $16.2M (+55.1%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $184.4M, up 9.8%; highest Q1 revenue since 2018.","Net income $1.0M ($0.03 EPS) vs net loss $5.0M (($0.17) EPS) prior year.","Adjusted EBITDA $16.2M, up 55.1% from $10.4M; highest Q1 historically.","Reaffirms 2024 guidance: revenue $725-750M, Adj. EBITDA $84-89M, free cash flow $34-38M.","SG&A down $1.6M YoY to $41.2M due to Project Phoenix savings; expects SG&A ~21% of full-year revenue."],"consensus_eps_estimate":null,"consensus_eps_actual":0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":184442000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242798,"accession_number":"0001436126-24-000018","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2024-03-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Q4 revenue up 8.2% to $182.1M; Adjusted EBITDA $19.2M (+22% YoY); guides FY2024 EBITDA $84-89M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 2023 revenue $182.1M (+8.2% YoY); net loss $2.5M ($0.08 loss per share) includes $6.3M reorganization costs.","Full year 2023 revenue $705.5M (+2.6%); Adjusted EBITDA $65.8M (+13.2%); net loss $17.5M including $12.3M restructuring and $13.8M goodwill impairment.","FY2024 guidance: revenue $725-750M, Adjusted EBITDA $84-89M, Free Cash Flow $34-38M, with ~$20M Project Phoenix savings.","Oil & Gas revenue +13.4%, Aerospace & Defense +15.3%, Industrials +24.3% in Q4; Power Generation declined.","Operating cash flow $26.7M in 2023, Free Cash Flow $3.1M (down from $13.0M) due to higher capex for strategic growth."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":242797,"accession_number":"0001436126-24-000013","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2024-03-01T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Mistras Group amends credit agreement; raises EBITDA addback cap to $15M, eases coverage ratio temporarily","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Amended credit agreement with JPMorgan allows $15M in non-recurring cash charges added back to EBITDA for 2023-2024 periods, up from $10M.","Minimum Fixed Charge Coverage Ratio reduced to 1.10:1 for Q4 2023 and Q1 2024, then returns to 1.25:1 from Q2 2024 onward.","Consent fee of 0.025% paid to lenders consenting to amendment, effective February 27, 2024.","Amendment reaffirms existing liens and obligations; no defaults occurred as of effective date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":260178,"accession_number":"0001436126-23-000057","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2023-12-08T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Mistras Group finalizes separation with ex-CEO Bertolotti; severance ~$1.9M plus equity vesting","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Lump sum cash payment of $1,229,130 and additional $645,870 in installments over 18 months.","Immediate vesting of 253,537 unvested restricted stock units and earned performance-based RSUs.","COBRA healthcare premiums paid for 18 months; life insurance premiums for 24 months ($7,065/year).","Vehicle purchased at discount; pro rata 2023 bonus based on actual performance metrics.","Non-compete for one year, non-solicitation for two years, and general release of claims."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":260177,"accession_number":"0001436126-23-000049","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2023-11-02T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"MISTRAS Q3 net loss $10.3M; lowers 2023 guidance; Project Phoenix targets $30M 2024 benefit","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $179.4M (+0.5% YoY); net loss $10.3M from $13.8M goodwill impairment in International segment.","GAAP diluted EPS -$0.34; adjusted EPS ex special items $0.18; Adj. EBITDA $20.9M (+12.5% YoY).","2023 guidance lowered: revenue $695-705M, Adj. EBITDA $65-68M, free cash flow $7-10M.","Project Phoenix to deliver ~$24M annual cost savings by 2024; $9M realized in 2023; strategic pricing adds $1M revenue in 2023.","Preliminary 2024 outlook: single-digit revenue growth; Adj. EBITDA >$88M (all-time high) from Project Phoenix and pricing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":523399000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":260176,"accession_number":"0001436126-23-000045","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2023-10-13T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Mistras Chairman Vahaviolos retires, becomes Strategic Advisor; interim CEO granted 250k options","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Sotirios Vahaviolos retired as Executive Chairman, becomes Strategic Advisor to CEO; total comp unchanged at $300k ($100k salary + $200k director fees).","Manuel Stamatakis appointed Chairman of the Board and Interim President/CEO; granted 250k stock options at $5.36 exercise price.","Options granted as inducement for Stamatakis to accept interim CEO role; exercisable for 10 years or 1 year after termination.","Grant date October 11, 2023; exercise price equals NYSE closing price that day."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":260175,"accession_number":"0001436126-23-000042","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2023-10-10T23:59:59+00:00","items":["5.02","5.05","7.01","9.01"],"status":"ready","headline":"Mistras Group: Founder Vahaviolos retires as Exec Chairman; CEO Bertolotti terminated; Stamatakis named Interim CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Founder Sotirios Vahaviolos retires as Executive Chairman, becomes Chairman Emeritus.","CEO Dennis Bertolotti terminated without cause, effective immediately; resigns from Board.","Manuel Stamatakis named Chairman and Interim CEO; receives $500k base salary and 250k stock options.","James Forese appointed Lead Director and Chair of Corporate Governance Committee.","Board will conduct a search for a permanent CEO using a leading executive search firm."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":277464,"accession_number":"0001436126-23-000032","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2023-08-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Group Q2 2023: Revenue $176M (-1.7%); net income $0.3M vs $4.6M; guides FY EBITDA $68-71M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $176.0M, down 1.7% YoY; GAAP net income $0.3M vs $4.6M prior year.","Adjusted EBITDA $15.3M, down 16.4% YoY; H1 Adjusted EBITDA $25.7M, up 7.9% YoY.","Commercial Aerospace, OnStream ILI, and Data Solutions posted strong double-digit growth.","Cost savings (Project Phoenix) yielded $5.1M in 2023; annualized target $6.2M.","FY2023 guidance: revenue $700-720M, Adjusted EBITDA $68-71M, Free Cash Flow $23-25M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":344046000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":277463,"accession_number":"0001436126-23-000034","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K/A","filed_at":"2023-08-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"MISTRAS Q2 revenue $176M (-1.7% YoY); net income $0.3M vs $4.6M; guidance cut","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $176M, down 1.7% YoY; GAAP net income $0.3M vs $4.6M prior year.","Adjusted EBITDA $15.3M, down 16.4% from $18.3M; H1 Adj EBITDA up 7.9% to $25.7M.","Project Phoenix cost savings $6.2M annualized, $5.1M expected in 2023; SG&A cut $1.3M sequentially.","Updated 2023 guidance: revenue $700-720M, Adj EBITDA $68-71M, Free Cash Flow $23-25M.","Operating cash flow $18.3M H1, up 134.6%; gross debt $183.7M, down $5.6M in Q2."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":344046000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":295390,"accession_number":"0001436126-23-000026","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2023-05-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Mistras Group shareholders elect all eight director nominees, ratify PwC, approve say-on-pay at 2023 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All eight director nominees elected with 21.9M to 23.4M votes for; broker non-votes 3.19M.","Ratification of PricewaterhouseCoopers as auditor passed with 27.1M for, 38,703 against.","Advisory vote on executive compensation approved with 23.2M for, 467,887 against.","Shareholders selected one-year frequency for say-on-pay advisory votes (22.7M for one year).","Annual meeting held May 22, 2023; all management proposals approved."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":295389,"accession_number":"0001436126-23-000020","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2023-05-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Q1: Revenue $168M (+3.9%), Adj EBITDA $10.4M (+88%), gross margin +270bps","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $168M, up 5.5% constant currency; net loss narrowed to $5.0M from $5.4M.","Adjusted EBITDA $10.4M (+88% YoY); leverage ratio improved to 3.25x, lowest since 2018.","Data Solutions grew >35% and now 10% of total revenue (vs 7.7% a year ago).","Full-year guidance reaffirmed: rev $710-740M, Adj EBITDA $70-75M, FCF $30-33M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.17,"consensus_revenue_estimate":null,"consensus_revenue_actual":168016000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":295388,"accession_number":"0001436126-23-000016","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2023-04-03T23:59:59+00:00","items":["4.01","9.01"],"status":"ready","headline":"Mistras Group dismisses KPMG, appoints PwC as auditor for FY 2023","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["On March 29, 2023, Mistras Group dismissed KPMG and engaged PwC as independent auditor for the year ending Dec 31, 2023.","No adverse opinions or modifications in KPMG's audit reports on financial statements or internal controls for 2021 and 2022.","No disagreements or reportable events occurred during 2021, 2022, or the interim period through March 29, 2023.","Audit Committee approved the auditor change; KPMG letter confirming agreement is attached as Exhibit 16.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":315937,"accession_number":"0001436126-23-000011","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2023-03-08T23:59:59+00:00","items":["1.01","2.02","9.01"],"status":"ready","headline":"Mistras Q4 operating income +152% to $5.8M; net income $2.8M; 2023 guidance; former COO $436K severance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $168.2M; operating income $5.8M (+152% YoY); net income $2.8M ($0.09 diluted EPS).","Full year revenue $687.4M (+1.5% reported, +3.7% organic); net income $6.5M ($0.21 diluted EPS, +68% YoY).","2022 adjusted EBITDA $58.2M (down from $63.0M in 2021); free cash flow $13.0M (down from $23.0M).","2023 guidance: revenue $710-740M; adjusted EBITDA $70-75M; free cash flow $30-33M.","Former COO Jonathan Wolk terminated Feb 8; separation agreement provides $436,100 over 19 months, plus RSU vesting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":315936,"accession_number":"0001436126-23-000006","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2023-02-09T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Mistras Group COO Jonathan Wolk departs immediately; AlixPartners hired for operational review","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jonathan Wolk's active employment as COO ceased immediately, with severance per prior proxy terms.","CEO Dennis Bertolotti will assume COO duties on an interim basis.","AlixPartners engaged to identify margin improvement and sustained cost savings to accelerate EBITDA growth.","Board states it is focused on positioning the company to drive shareholder value."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":334249,"accession_number":"0001436126-22-000056","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2022-11-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Q3 revenue $178.5M (+2.2%); net income $4.4M; adjusts FY2022 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $4.4M ($0.14 diluted EPS), up 29.4% vs Q3 2021; Adjusted EBITDA $18.6M flat.","Services segment revenue $152.8M (+5.4%) record Q3; Aerospace & Defense revenue up 27%.","Guidance updated: FY2022 revenue $683-693M, Adj. EBITDA $53-58M, free cash flow $15-18M.","Completed bank refinancing: upsized liquidity, lowered effective credit spread, increased covenant flexibility.","Foreign exchange headwinds expected to reduce FY2022 revenue ~$15M and Adj. EBITDA ~$2M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":519155000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":351673,"accession_number":"0001436126-22-000041","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2022-08-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Q2 revenue $179M (+0.8%); net income $4.6M; reaffirms FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $179.0M (+0.8% YoY, +3.2% ex-FX); net income $4.6M ($0.15 diluted EPS).","Adjusted EBITDA $18.3M; operating cash flow $13.2M; free cash flow $9.3M.","Aerospace & Defense H1 revenue up 28.4%; Services segment rev $149.5M (+3.1%).","Reaffirms FY2022 guidance: rev $695-715M, Adj. EBITDA $65-69M, FCF $27-30M.","Gross debt cut to $200.4M; net debt $181.8M; quarterly interest expense down 32.9%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":340693000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":351672,"accession_number":"0001436126-22-000036","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2022-08-02T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Mistras enters $315M credit facility, upsizing by ~$100M and extending maturity to 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$125M term loan A plus $190M revolving credit facility; total borrowing capacity of $315M.","Quarterly amortization reduced from $5M to $1.6M in years 1-2, $2.3M in year 3, $3.1M in years 4-5.","Maximum leverage covenant increased to 4.0x EBITDA through Q2 2023, then 3.75x; prior limit was 3.5x.","Effective credit spread lowered by 25 basis points; maturity extended to July 30, 2027 from December 2023.","Company repaid ~$80M of debt since 2018; new facility supports growth in data solutions and renewables."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":369088,"accession_number":"0001436126-22-000031","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2022-05-25T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Mistras Group shareholders elect 8 directors, approve 1.2M-share LTIP increase","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All eight director nominees elected; highest vote for Nicholas DeBenedictis at 24.8M, lowest for Manuel Stamatakis at 20.0M.","KPMG LLP ratified as 2022 auditor with 27.5M votes for, 0.2M against.","Amendment to 2016 Long-Term Incentive Plan passed, adding 1.2M authorized shares (23.1M for, 1.8M against).","Advisory vote on executive compensation approved (24.1M for, 0.7M against).","Meeting held May 23, 2022; broker non-votes totaled 2.66M for director and plan items."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":369087,"accession_number":"0001436126-22-000023","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2022-05-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Q1 revenue $161.7M (+5.2% organic); net loss $5.4M; Adj. EBITDA $5.5M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $161.7M (+5.2% organic); net loss $5.4M unchanged YoY; adjusted EBITDA $5.5M vs $7.0M.","Services revenue $132.9M (+7% YoY); gross margin down 200bps to 23% on higher healthcare costs.","International revenue $28.1M (+7.5% organic in local currency); gross margin up 150bps to 29.1%.","Free cash flow -$8.6M vs -$1.2M; net debt $188.9M vs $178.5M at Dec 31, 2021.","FY2022 guidance: revenue $695-715M, Adj. EBITDA $65-69M, free cash flow $27-30M."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":161662000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":369086,"accession_number":"0001436126-22-000020","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2022-04-13T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Mistras furnishes 2021 annual report pages with Oil & Gas revenue breakdown by segment and geography","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Selected pages from 2021 annual report furnished as Exhibit 99.1.","Oil and Gas revenue broken out by Upstream, Midstream, and Downstream.","Additional geographic revenue information included in the disclosure.","Full annual report available to shareholders beginning April 13, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":388307,"accession_number":"0001436126-22-000004","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2022-03-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Group 2021 revenue $677M, net income $3.9M after prior-year loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year 2021 revenue $677.1M (+14.3% organic); net income $3.9M vs prior net loss.","Adjusted EBITDA $63.0M (+21.4%); margin 9.3% up 50 bps; free cash flow $23.0M.","Gross debt reduced by $17.6M to $202.6M; net debt $178.5M at Dec 31, 2021.","Services Q4 revenue $141.1M (+11.2%); International down 6.9% to $28.5M.","Q1 2022 outlook: revenue low-single-digit growth, Adj. EBITDA essentially flat YoY."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":406239,"accession_number":"0001436126-21-000040","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2021-11-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Q3 revenue $174.6M (+18% YoY), net income up 122% to $0.11 EPS","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $174.6M, up 18% YoY; operating income $9.2M, up 60.8%; net income $3.4M ($0.11 diluted EPS).","Adjusted EBITDA $18.8M, up 8% YoY; Services segment revenue up 21.1% to $145.0M.","International segment revenue up 9.8% to $29.1M; gross margin 29.9% vs 32.0% due to travel cost mix.","Q4 2021 guidance: revenue flat YoY; Adjusted EBITDA to contract modestly as temporary cost cuts reversed.","Launched Sensoria wind blade monitor and OneSuite software ecosystem for asset protection."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":505968000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":425246,"accession_number":"0001436126-21-000035","cik":1436126,"company_name":"Mistras Group, Inc.","ticker":"MG","form_type":"8-K","filed_at":"2021-08-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Mistras Group Q2 revenue up 42.8% to $177.7M; net income $5.9M vs prior year loss","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Diluted EPS of $0.20 vs $(0.09) in prior year; adjusted EPS of $0.22 vs $(0.06).","Adjusted EBITDA rose 96.5% to $22.6M (12.7% of revenue).","Services segment revenue up 44.0% to $145.0M; International up 49.7% to $32.0M.","Q3 2021 revenue guided to low-to-mid teens growth YoY; EBITDA expected higher than prior year but lower sequentially.","Total debt reduced by $8.5M in first half; revised credit agreement to cut annual interest by ~$6M from Q3."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":331412000.0,"consensus_period":"2021-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":561246272.503937,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}