secwatch.observer — SEC 8-K summary
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Issuer:     Mistras Group, Inc. (MG)
CIK:        0001436126
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001436126-22-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Mistras Q2 revenue $179M (+0.8%); net income $4.6M; reaffirms FY guidance
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1436126/000143612622000041/0001436126-22-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1436126/000143612622000041/mg-20220803.htm
  HTML page:      https://secwatch.observer/filing/0001436126-22-000041

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