Highest-materiality recent filing
Mistras Q1 revenue $169M +4.6%, GAAP net income $2.4M vs prior-year loss
GAAP net income of $2.4M ($0.07 diluted EPS) compared to a net loss of $4.3M a year ago.
Mistras Group Q4 revenue $181.5M (+5.1%); net income $3.9M; record Adjusted EBITDA $24.8M
Q4 revenue $181.5M (+5.1% YoY); net income $3.9M, diluted EPS $0.12.
Mistras Q3 revenue $195.5M (+7% YoY), net income $13.1M, record Adj. EBITDA $30.2M
Revenue $195.5M (+7.0% YoY); gross profit margin 29.8% (+300 bps).
Mistras Q2 2025 revenue $185.4M, flat YoY; net income $3.0M; adjusted EBITDA record $24.1M
Revenue $185.4M down 2.3% YoY, flat excluding voluntary lab consolidations; gross profit margin expanded 200 bps to 29.1%.
Mistras Q1 revenue falls 12.4% to $161.6M; net loss of $3.2M, Adjusted EBITDA $12.0M
Revenue of $161.6M, down 12.4% YoY; gross profit margin improved 30bps to 25.3%.
Mistras FY 2024 net income up 209% to $19.0M; Adj EBITDA up 25.3% to $82.5M
Revenue grew 3.4% to undisclosed base; net income $19.0M vs $6.2M prior year.
Mistras Group appoints Natalia Shuman as CEO effective Jan 1, 2025
Natalia Shuman (Shuman-Fabbri) named President and CEO; succeeds Manuel Stamatakis who remains Executive Chairman.
Mistras Q3 revenue $182.7M up 1.9%; net income $6.4M ($0.20 EPS); adj. EBITDA $23.3M (+11.5%)
Revenue $182.7M, +1.9% YoY; gross profit $54.6M, margin 29.9%.
Mistras Q2 revenue up 7.8% to $189.8M; net income $6.4M, Adjusted EBITDA up 44.6%
Revenue $189.8M (+7.8% YoY); gross profit margin 29.6%, up 140 bps.
MISTRAS Q1 revenue $184.4M (+9.8%); net income $1.0M vs loss $5.0M YoY; Adj. EBITDA $16.2M (+55.1%)
Revenue $184.4M, up 9.8%; highest Q1 revenue since 2018.
Q4 2023 revenue $182.1M (+8.2% YoY); net loss $2.5M ($0.08 loss per share) includes $6.3M reorganization costs.
Amended credit agreement with JPMorgan allows $15M in non-recurring cash charges added back to EBITDA for 2023-2024 periods, up from $10M.
Mistras Group finalizes separation with ex-CEO Bertolotti; severance ~$1.9M plus equity vesting
Lump sum cash payment of $1,229,130 and additional $645,870 in installments over 18 months.
On February 7, 2025, Mistras Group, Inc. (the "Company") terminated the employment of its Executive Vice President, and President of Services, John Smith.
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.
Max materiality 0.80 · Median 0.62 · Most common event earnings