Mirion Q2 revenue up 12.2% to $197.2M; raises FY revenue growth guidance to 8-10%

Mirion Technologies, Inc.

2023-Q2 EPS reported -$0.36 revenue$379,300,000

Q2 revenue $197.2M (+12.2% YoY); net loss narrowed to $28.4M from $59.3M.
Adjusted EBITDA $44.3M (+4% YoY); adjusted EPS $0.08 vs $0.13 prior year.
Raised FY23 revenue growth forecast to 8-10% (from 6-9%); adjusted EBITDA guidance raised to $175-185M.
Adjusted EPS guidance unchanged at $0.28-0.34; adjusted free cash flow guidance lowered to $45-75M.
Fourth consecutive quarter of backlog expansion; solid revenue growth in both segments.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Mirion Technologies, Inc. reported fiscal year and 12-month period ending December 31, 2023 results: revenue Revenue growth of 8% - 10%, compared to 6% - 9% previously, EPS Adjusted EPS of $0.28 - $0.34, which is unchanged. Guidance raised.

Period: fiscal year and 12-month period ending December 31, 2023
Revenue: Revenue growth of 8% - 10%, compared to 6% - 9% previously
EPS: Adjusted EPS of $0.28 - $0.34, which is unchanged
Guidance: raised
Result: guidance update

Exact text from the filing

Mirion is updating its guidance for the fiscal year and 12-month period ending December 31, 2023: • Revenue growth of 8% - 10%, compared to 6% - 9% previously • Organic revenue growth of 6% - 8%, compared to 4% - 7% previously • Adjusted EBITDA of $175 million - $185 million, compared to $172 million - $182 million previously • Adjusted EPS of $0.28 - $0.34, which is unchanged

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Mirion Technologies, Inc. reported fiscal quarter ended June 30, 2023 results: revenue Revenues for the second quarter increased 12.2% to $197.2 million, compared to $175.8 million in the same period last ye, net income Net loss was $28.4 million in the second quarter, compared to a net loss of 59.3 million in the same period last year., EPS Net loss per share for the second quarter was $0.14, compared to $0.32 in the second quarter of 2022..

Period: fiscal quarter ended June 30, 2023
Revenue: Revenues for the second quarter increased 12.2% to $197.2 million, compared to $175.8 million in the same period last ye
Net income: Net loss was $28.4 million in the second quarter, compared to a net loss of 59.3 million in the same period last year.
EPS: Net loss per share for the second quarter was $0.14, compared to $0.32 in the second quarter of 2022.
Result: reported results

Exact text from the filing

Mirion Announces Second Quarter 2023 Financial Results and Updates Full Year Guidance • Revenues for the second quarter increased 12.2% to $197.2 million, compared to $175.8 million in the same period last year. • Net loss was $28.4 million in the second quarter, compared to a net loss of 59.3 million in the same period last year. Adjusted EBITDA was $44.3 million, a 4.0% increase from $42.6 million in the same period last year. • Net loss per share for the second quarter was $0.14, compared to $0.32 in the second quarter of 2022.

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Source: SEC EDGAR

accession 0001628280-23-026592

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