---
schema_version: "secwatch.filing_event.v1"
accession: "0001436126-23-000011"
form_type: "8-K"
ticker: "MG"
cik: "0001436126"
company_name: "Mistras Group, Inc."
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T08:21:20.974461+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Mistras Q4 operating income +152% to $5.8M; net income $2.8M; 2023 guidance; former COO $436K severance

## Summary
- 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.

## SEC filing metadata
- accession: 0001436126-23-000011
- form_type: 8-K
- ticker: MG
- cik: 0001436126
- company_name: Mistras Group, Inc.
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1436126/000143612623000011/0001436126-23-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1436126/000143612623000011/mg-20230303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001436126-23-000011
- JSON: https://secwatch.observer/filing/0001436126-23-000011.json
- Plain text: https://secwatch.observer/filing/0001436126-23-000011.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.