earnings
confidence high
sentiment positive
materiality 0.75
Mistras Q3 revenue $174.6M (+18% YoY), net income up 122% to $0.11 EPS
Mistras Group, Inc.
- 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.