Source-grounded facts extracted from Mistras Group, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Mistras Group, Inc. shareholders approved Approval of the Amendment to the MISTRAS Group, Inc. Amended and Restated 2016 Long-Term Incentive Plan at the 2026-05-19 meeting.
“3. The approval of the Amendment to the MISTRAS Group, Inc. Amended and Restated 2016 Long-Term Incentive Plan was approved based on the following votes: Number of Votes Votes for approval 25,998,434 Votes against 504,542 Abstentions 45,523 Broker Non-votes 3,536,377”
Mistras Group, Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP as the Company's independent registered public accounting firm for 2026 at the 2026-05-19 meeting.
“2. The appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2026 was ratified based upon the following votes: Number of Votes Votes for approval 29,907,768 Votes against 164,402 Abstentions 12,706 There were no broker non-votes for this item.”
Mistras Group, Inc. shareholders approved Election of the seven nominees to the Board of Directors for one-year terms at the 2026-05-19 meeting.
“1. The seven nominees for election to the Board of Directors were elected based upon the following votes: Nominee Votes For Withheld Broker Non-Votes Nicholas DeBenedictis 26,230,415 318,084 3,536,377 James J. Forese 26,110,436 438,063 3,536,377 Richard H. Glanton 25,663,880 884,619 3,536,377 Michelle J. Lohmeier 26,271,656 276,843 3,536,377 Charles P. Pizzi 26,358,575 189,924 3,536,377 Natalia Shuman 26,280,588 267,911 3,536,377 Manuel N. Stamatakis 25,691,998 856,501 3,536,377”
Mistras Group, Inc. reported first quarter ended March 31, 2026 results: revenue $169.0 million, net income $2.4 million, EPS $0.07.
“• Revenue of $169.0 million , an increase of 4.6%, driven by strong growth of 35.5% in Aerospace & Defense • Gross profit of $ 44.7 million , reflecting a gross profit margin of 26.5%, an increase of 120 basis points • Income from Operations of $4.7 million, an increase of $5.7 million, or 562.6% • GAAP net income of $2.4 million, with earnings per diluted share of $0.07 • Adjusted EBITDA of $14.3 million”
Mistras Group, Inc. reported year ended December 31, 2025 results: revenue $724.0 million, net income $16.8 million, EPS $0.53 per diluted share.
“Revenue of $724.0 million, a slight increase after giving effect to the exclusion of voluntary Laboratory consolidations of $7.0 million • Gross profit of $204.5 million, with a gross margin of 28.2%, an expansion of 190 basis points • Net income of $16.8 million and Earnings Per Diluted Share of $0.53 • Record Adjusted EBITDA of $91.1 million, an increase of 10.5%, with an Adjusted EBITDA margin of 12.6%, up 130 basis points”
Mistras Group, Inc. reported fourth quarter ended December 31, 2025 results: revenue $181.5 million, net income $3.9 million, EPS $0.12 per diluted share.
“Revenue of $181.5 million, an increase of 5.1%, with growth across all segments • Gross profit of $51.5 million , reflecting a gross margin of 28.4%, an expansion of 190 basis points • Net income of $3.9 million and Earnings Per Diluted Share of $0.12 • Record Adjusted EBITDA of $24.8 million, an increase of 18.2%, with an Adjusted EBITDA margin of 13.7%, up 160 basis points”
John Smith was terminated as Executive Vice President, and President of Services at Mistras Group, Inc..
“On February 7, 2025, Mistras Group, Inc. (the "Company") terminated the employment of its Executive Vice President, and President of Services, John Smith.”
Mistras Group, Inc. reported first quarter ended March 31, 2024 results: revenue $184.4 million, net income Net income of $1.0 million, EPS $0.03 per share. Guidance reaffirmed.
“MISTRAS Announces First Quarter 2024 Results Q1 2024 Revenue of $184.4 million, up 9.8% from the prior year period; highest Q1 Revenue since 2018 Q1 2024 Net Income of $1.0 million, reflecting an improvement from a net loss of $5.0 million in the prior year period Q1 2024 Adjusted EBITDA (non-GAAP) of $16.2 million compared to $10.4 million in the prior year period, up 55.1%; highest Q1 result historically PRINCETON JUNCTION, N.J., May 1, 2024 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE), a leading "one source" multinational provider of integrated technology-enabled asset protection solutions, reported financial results for its first quarter ended March 31, 2024. Highlights for the First Quarter 2024* • Revenue of $184.4 million, an increase of 9.8% • Gross profit of $51.1 million, an increase of 10.9%, with gross profit margin of 27.7%, an increase of 30 basis points due to improved operating leverage and strong Aerospace growth, partially offset by higher healthcare claims expe”
Mistras Group, Inc. updated its fourth quarter and year ended December 31, 2023 guidance (reaffirmed).
“the Company issued a press release announcing the financial results for our fourth quarter and year ended December 31, 2023.”
Mistras Group, Inc. amended First Amendment with JPMorgan Chase Bank N.A. valued at $10 million to $15 million (effective 2024-02-27).
“On February 27, 2024, Mistras Group, Inc. entered into the First Amendment (the “Amendment”) to its existing Credit Agreement (the “Credit Agreement”), dated August 1, 2022, with JPMorgan Chase Bank N.A., as administrative agent for the lenders and a lender and the other lenders under the Credit Agreement.”
Dennis Bertolotti was terminated as President and Chief Executive Officer at Mistras Group, Inc..
“Effective December 6, 2023, Mistras Group, Inc. (the “Company”) entered into a Separation Agreement and a General Release of Claims (collectively, the “Separation Agreement”) with Dennis Bertolotti, the former President and Chief Executive Officer of the Company, who was terminated from his positions on October 9, 2023.”
Mistras Group, Inc. reported third quarter 2023 results: revenue $179.4 million, net income Net loss of $10.3 million, EPS $(0.34) per diluted share.
“For the third quarter of 2023, consolidated revenue was $179.4 million, a 0.5% increase. Third quarter revenue reflects growth in all sub-categories of Oil & Gas, in addition to continued strength in the Company’s key growth areas, particularly Commercial Aerospace and Data Analytical Solutions markets offset by softness in the Power Generation & Transmission and Other Process Industries due to project timing. Third quarter 2023 gross profit increased 1.1% with gross profit margin expanding 20 basis points, as compared to the prior year period. The improvement in gross margin to 30.3% was primarily due to a favorable sales mix and lower healthcare expenses. Gross profit margin was up 210 basis points sequentially from the second quarter of 2023, driven by an improved revenue mix. Selling, general and administrative expenses (“SG&A”) in the third quarter of 2023 were $39.5 million, down 3.0% compared to $40.8 million in the third quarter of 2022 and were also down 4.7% sequentially from”
Sotirios Vahaviolos retired as Executive Chairman at Mistras Group, Inc..
“Mistras Group, Inc. (the “Company”) announced on October 9, 2023, that its then Executive Chairman, Sotirios Vahaviolos, was retiring as Chairman.”
Mistras Group, Inc.: Board granted Manuel Stamatakis a waiver of the code of ethics and code of conduct related to a conflict of interest with his position at CME (effective 2023-10-09).
“In connection with Mr. Stamatakis’ appointment as interim President and Chief Executive Officer, the Board granted Mr. Stamatakis a waiver of the Company’s code of ethics and code of conduct to the extent that his position with CME, as described in Item 5.02 above, is a conflict of interest under the Company’s code of ethics or its code of conduct.”
James J. Forese was appointed as Lead Director and Chairman of the Corporate Governance Committee at Mistras Group, Inc..
“the Board appointed James J. Forese, currently a member of the Board and Chairman of the Audit Committee, as Lead Director and Chairman of the Corporate Governance Committee.”
Manuel N. Stamatakis was appointed as Interim President and Chief Executive Officer at Mistras Group, Inc..
“the Board appointed Mr. Stamatakis to serve as interim President and Chief Executive Officer until a permanent President and Chief Executive Officer has been appointed.”
Manuel N. Stamatakis was appointed as Chairman of the Board at Mistras Group, Inc..
“the Board elected Manuel N. Stamatakis (currently the Company’s Lead Director, Chairman of the Corporate Governance Committee and member of the Audit, Compensation, and Environmental, Social and Safety Committees) to serve as Chairman of the Board to succeed Dr. Vahaviolos.”
Dennis Bertolotti departed as President and Chief Executive Officer at Mistras Group, Inc..
“On October 9, 2023, the Board also approved the termination without cause of Dennis Bertolotti as the Company’s President and Chief Executive Officer, effective immediately.”
Sotirios Vahaviolos retired as Executive Chairman at Mistras Group, Inc..
“On October 9, 2023, Sotirios Vahaviolos, Executive Chairman of the Board (the “Board”) of Mistras Group, Inc. (the “Company”), retired as Executive Chairman but will remain on the Board as Chairman Emeritus.”
Mistras Group, Inc. reported second quarter and six months ended June 30, 2023 results: revenue Revenue of $176.0 million, down 1.7%, net income GAAP Net income of $0.3 million.
“asset protection solutions, reported financial results for its second quarter and six months ended June 30, 2023. Highlights of the Second Quarter 2023* • Revenue of $176.0 million, down 1.7% • Gross profit of $49.7 million, with gross profit margin of 28.2% • GAAP Net income of $0.3 million, with Adjusted EBITDA of $15.3 million • Operating Cash Flow of”
Mistras Group, Inc. reported second quarter and six months ended June 30, 2023 results: revenue Revenue of $176.0 million, net income GAAP Net income of $0.3 million.
“asset protection solutions, reported financial results for its second quarter and six months ended June 30, 2023. Highlights of the Second Quarter 2023* • Revenue of $176.0 million, down 1.7% • Gross profit of $49.7 million, with gross profit margin of 28.2% • GAAP Net income of $0.3 million, with Adjusted EBITDA of $15.3 million • Operating Cash Flow of”
Mistras Group, Inc. shareholders approved Advisory vote on frequency of say-on-pay (one year) at the 2023-05-22 meeting.
“Shareholders approved the Board of Director’s recommendation of one year as the frequency of an advisory shareholder vote on the Company’s executive compensation”
Mistras Group, Inc. shareholders approved Advisory vote on executive compensation at the 2023-05-22 meeting.
“approved the Company’s executive compensation programs”
Mistras Group, Inc. shareholders approved Ratification of PricewaterhouseCoopers LLP as independent registered public accounting firm for 2023 at the 2023-05-22 meeting.
“ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2023”
Mistras Group, Inc. shareholders approved Election of eight nominees to the Board of Directors at the 2023-05-22 meeting.
“Shareholders elected the eight nominees to the Board of Directors for one-year terms”
Mistras Group, Inc. reported financial results for first quarter of 2023.
“On May 3, 2023, Mistras Group, Inc. (the "Company," "we," "us" and "our") issued a press release announcing the financial results for our first quarter of 2023, which ended March 31, 2023.”
Mistras Group, Inc. engaged PricewaterhouseCoopers LLP as its auditor.
“On March 29, 2023, Mistras Group, Inc. (the “Company”) dismissed KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm and appointed PricewaterhouseCoopers LLP (“PwC”) as the Company’s independent registered public accounting firm”
Mistras Group, Inc. dismissed KPMG LLP as its auditor.
“On March 29, 2023, Mistras Group, Inc. (the “Company”) dismissed KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm and appointed PricewaterhouseCoopers LLP (“PwC”) as the Company’s independent registered public accounting firm”
Jonathan Wolk departed as Senior Executive Vice President and Chief Operating Officer at Mistras Group, Inc..
“On February 8, 2023, Mistras Group, Inc. (the "Company") notified its Senior Executive Vice President and Chief Operating Officer, Jonathan Wolk, that his active employment would cease immediately.”
Mistras Group, Inc. reported nine months ended September 30, 2022 results: revenue $519.2 million.
“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”
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.
“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”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.