Mirion Q3 revenue up 18.8% to $191.2M; net loss narrows to $12.1M; reiterates FY guidance

Mirion Technologies, Inc.

2023-Q3 EPS reported -$0.42 revenue$570,500,000

Revenue $191.2M (+18.8% YoY); net loss $12.1M vs $47.1M loss in Q3 2022.
Adjusted EBITDA $38.8M (+26% YoY); adjusted EPS $0.05 vs $0.03 year ago.
Record backlog at quarter end; both reporting segments delivered organic growth.
Closed acquisition of ec2 for $33M cash; ec2 expected to generate $12M revenue and $5.5M adjusted EBITDA in FY 2023.
Full-year guidance reaffirmed: revenue growth 8-10%, adj. EBITDA $175-185M, adj. EPS $0.28-0.34.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Mirion Technologies, Inc. reported the fiscal quarter ended September 30, 2023 results: revenue $191.2 million, net income $12.1 million, EPS $0.06. Guidance reaffirmed.

Period: the fiscal quarter ended September 30, 2023
Revenue: $191.2 million
Net income: $12.1 million
EPS: $0.06
Guidance: reaffirmed
Result: reported results

Exact text from the filing

Mirion Announces Third Quarter 2023 Financial Results and Reiterates Full Year Guidance • Revenues for the third quarter increased 18.8% to $191.2 million, compared to $160.9 million in the same period last year. • Net loss was $12.1 million in the third quarter, compared to a net loss of $47.1 million in the same period last year.

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Source: SEC EDGAR

accession 0001628280-23-036028

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