earnings
confidence high
sentiment neutral
materiality 0.65
Mirion Q1 revenue up 11.6% to $182.1M; net loss widens to $42.9M; reaffirms FY guidance
Mirion Technologies, Inc.
2023-Q1 EPS reported
-$0.22
revenue$182,100,000
- Revenue $182.1M (+11.6% YoY); net loss $42.9M vs $19.0M loss in Q1 2022.
- GAAP loss per share $0.22 vs $0.10; adjusted EPS $0.06 vs $0.10 a year ago.
- Adjusted EBITDA $36.6M, up 4.9% from $34.9M in prior-year quarter.
- Reaffirms FY 2023 guidance: revenue growth 6-9%, adj. EBITDA $172M-182M, adj. EPS $0.28-$0.34.
- Received $150M at-the-market investment; used $125M for debt repayment; targeting net leverage 3.1x by year-end.