secwatch / observer
8-K filed November 2, 2022, 7:59 PM ET ticker MG CIK 0001436126
earnings confidence high sentiment neutral materiality 0.70

Mistras Q3 revenue $178.5M (+2.2%); net income $4.4M; adjusts FY2022 guidance

Mistras Group, Inc.

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Mistras Group, Inc. reported third quarter ended September 30, 2022 results: revenue $178.5 million, net income $4.4 million, EPS $0.14 per diluted share.

Period
third quarter ended September 30, 2022
Revenue
$178.5 million
Net income
$4.4 million
EPS
$0.14 per diluted share
Result
reported results
Exact text from the filing
Revenue of $178.5 million, up 2.2%, a 5.1% increase excluding the impact of unfavorable foreign currency exchange** • Gross profit of $53.8 million, with gross profit margin of 30.1%, a 20 basis points increase • Income from operations of $9.1 million, essentially flat with prior year • Net income of $4.4 million or $0.14 per diluted share, up 29.4% and 27.3%, respectively • Adjusted EBITDA of $18.6 million, essentially flat with prior year
View on SEC.gov
Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Mistras Group, Inc. reported nine months ended September 30, 2022 results: revenue $519.2 million.

Period
nine months ended September 30, 2022
Revenue
$519.2 million
Result
reported results
Exact text from the filing
Revenue of $519.2 million, up 2.6%, a 4.8% increase excluding the impact of unfavorable foreign currency exchange** • Gross profit of $147.2 million, essentially flat with prior year • Interest expense of $6.8 million, a decrease of 21.9% • Gross debt of $201.2 million and Net debt of $183.1 million
View on SEC.gov

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Mistras Group, Inc. filing history →

Source: SEC EDGAR
accession 0001436126-22-000056
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