secwatch.observer — SEC 8-K summary
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Issuer:     Mistras Group, Inc. (MG)
CIK:        0001436126
Form:       8-K
Filed at:   2022-03-09T23:59:59+00:00
Accession:  0001436126-22-000004
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mistras Group 2021 revenue $677M, net income $3.9M after prior-year loss
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1436126/000143612622000004/0001436126-22-000004-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1436126/000143612622000004/mg-20220309.htm
  HTML page:      https://secwatch.observer/filing/0001436126-22-000004

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer