MISTRAS Group Q1 2024 Adj EPS $0.07 Beats $0.04 Estimate, Sales $184.442M Beat $174.931M Estimate

5/1/24 4:12:47 PM ET

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MISTRAS Group (NYSE:MG) reported quarterly earnings of $0.07 per share which beat the analyst consensus estimate of $0.04 by 75 percent. This is a 158.33 percent increase over losses of $(0.12) per share from the same period last year. The company reported quarterly sales of $184.442 million which beat the analyst consensus estimate of $174.931 million by 5.44 percent. This is a 9.78 percent increase over sales of $168.016 million the same period last year.

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Date	Price Target	Rating	Analyst
3/17/2022		Underperform → Neutral	BofA Securities

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MISTRAS Announces Third Quarter 2024 Results
Quarterly Revenue Growth of 1.9%, driven by continued strong growth in the International segment Quarterly Net Income of $6.4 million, or $0.20 per diluted share Quarterly Adjusted EBITDA (non-GAAP) of $23.3 million, an increase of 11.5% PRINCETON JUNCTION, N.J., Oct. 30, 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 third quarter and nine months ended September 30, 2024. Highlights of the Third Quarter 2024* Revenue of $182.7 million, a 1.9% increase Gross profit expanded to $54.6 million, with gross profit margin of 29.9%Net income
10/30/24 4:01:00 PM ET
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Military/Government/Technical
Consumer Discretionary
MISTRAS Group Announces Conference Call to Discuss Third Quarter Results on October 31, 2024
PRINCETON JUNCTION, N.J., Oct. 24, 2024 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) has scheduled a conference call for Thursday, October 31, 2024 at 9:00 am Eastern Time to discuss its results for the third quarter of 2024. A press release with the third quarter results will be issued after the close of market on Wednesday, October 30, 2024. To listen to the live webcast of the conference call, visit the Investor Relations section of MISTRAS Group's website at www.mistrasgroup.com. Individuals wishing to participate in the live question and answer session may pre-register at: https://register.vevent.com/register/BIf848f0928520406c928ea91abde4515a. Following the conference call,
10/24/24 4:27:37 PM ET
$MG
Military/Government/Technical
Consumer Discretionary
MISTRAS Announces Second Quarter 2024 and First Half 2024 Results
Quarterly Revenue Growth of 7.8% driven by increases in all industries Significant Quarterly Gross Profit and Gross Profit Margin Growth across all segments Further Reductions in Quarterly Selling, General and Administrative expenses Quarterly Net Income of $6.4 million, with Quarterly Adjusted EBITDA (non-GAAP) of $22.1 million, an increase of 44.6% from the prior year period PRINCETON JUNCTION, N.J., July 31, 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 second quarter and six months ended June 30, 2024. Highlights of the Second Qua
7/31/24 4:01:00 PM ET
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Military/Government/Technical
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MISTRAS Group Appoints New Chief Transformation Officer to Advance Business Transformation
PRINCETON JUNCTION, N.J., March 25, 2024 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE:MG), a leading "one source" multinational provider of integrated technology-enabled asset protection solutions, is pleased to announce the appointment of Hani Hammad as Executive Vice President and Chief Transformation Officer (CTO), a strategic move signaling the next phase in the company's business transformation journey. Mr. Hammad will report to Mr. Manuel (Manny) N. Stamatakis, Chairman of the Board and Interim CEO of MISTRAS Group, Inc. A Proven Track Record of Value Creation The Project Phoenix EBITDA Improvement Program initiated by MISTRAS Group and managed by Mr. Hammad as part of the glo
3/25/24 8:00:00 AM ET
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Military/Government/Technical
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MISTRAS Group Announces Grant of Stock Options Following Appointment of New Interim President and CEO
PRINCETON JUNCTION, N.J., Oct. 12, 2023 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE:MG) has announced the granting of stock options following the recent appointment of Manuel N. Stamatakis as the company's new Chairman of the Board and Interim President and Chief Executive Officer. Mr. Stamatakis was granted an award of stock options (the "Options") to purchase 250,000 shares of common stock of the Company, with an exercise price of $5.36, the closing price of the Company's stock as quoted on the New York Stock exchange on October 11, 2023, the grant date. The Options were granted as an inducement for Mr. Stamatakis to accept the position of Interim President and CEO of MISTRAS. The Opt
10/12/23 4:30:00 PM ET
$MG
Military/Government/Technical
Consumer Discretionary
Mistras Group, Inc. Elects Charles P. Pizzi to Board of Directors
PRINCETON JUNCTION, N.J., Dec. 02, 2020 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE: MG) announced today that Mr. Charles P. Pizzi, Independence Health Group Chairman and former executive of Tasty Baking Company, has been elected to the company’s Board of Directors, effective January 1, 2021. As part of his Board appointment, Mr. Pizzi will serve as a member of the Board’s Audit Committee and Corporate Governance Committee. “We are delighted that Mr. Pizzi will be joining the MISTRAS Board,” said Dennis Bertolotti, MISTRAS Group President and Chief Executive Officer (CEO). “We look forward to his contributions, as he brings with him a tremendous breadth of executive leadership and corp
12/2/20 4:02:00 PM ET
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12 Industrials Stocks Moving In Thursday's Pre-Market Session
Gainers Primech Holdings (NASDAQ:PMEC) shares moved upwards by 12.5% to $0.69 during Thursday's pre-market session. The company's market cap stands at $24.4 million. Roma Green Finance (NASDAQ:ROMA) shares rose 8.49% to $0.57. The market value of their outstanding shares is at $5.9 million. MISTRAS Group (NYSE:MG) shares moved upwards by 7.14% to $9.0. The company's market cap stands at $278.7 million. Ocean Power Techs (AMEX:OPTT) shares increased by 7.04% to $0.16. The company's market cap stands at $9.7 million. Nuburu (AMEX:BURU) stock increased by 6.43% to $0.16. The company's market cap stands at $5.9 million. FTC Solar (NASDAQ:FTCI) stock moved upwards by 4.99% to $0.48. The mar
6/13/24 8:07:06 AM ET
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12 Industrials Stocks Moving In Monday's Pre-Market Session
Gainers New Horizon Aircraft (NASDAQ:HOVR) shares rose 111.1% to $1.52 during Monday's pre-market session. The market value of their outstanding shares is at $27.6 million. 1847 Holdings (AMEX:EFSH) stock moved upwards by 18.96% to $0.85. The company's market cap stands at $4.9 million. Knightscope (NASDAQ:KSCP) stock moved upwards by 17.84% to $0.37. The company's market cap stands at $39.1 million. Captivision (NASDAQ:CAPT) shares moved upwards by 9.84% to $3.29. The market value of their outstanding shares is at $95.3 million. Richtech Robotics (NASDAQ:RR) shares moved upwards by 8.52% to $1.4. The market value of their outstanding shares is at $96.1 million. MISTRAS Group (NYSE:MG)
6/10/24 8:06:17 AM ET
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MISTRAS Group: Q1 Earnings Insights
MISTRAS Group (NYSE:MG) announced its Q1 earnings on Wednesday, May 1, 2024 at 04:01 PM. Here's a breakdown of the earnings report. Earnings MISTRAS Group beat estimated earnings by 75.0%, reporting an EPS of $0.07 versus an estimate of $0.04. Revenue was up $16.43 million from the same period last year. Historical Earnings Summary During the previous quarter, the company missed on EPS by $0.05, leading to a 7.000000000000001% increase share price change the next day. Here's a look at MISTRAS Group's past performance: Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 EPS Estimate 0.04 0.15 0.16 0.20 -0.05 EPS Actual 0.07 0.10 0.18 0.05 -0.12 Revenue Estimate 174.93M 174.28M 182.73M
5/3/24 6:00:10 AM ET
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Military/Government/Technical
Consumer Discretionary

MISTRAS Announces Third Quarter 2024 Results
Quarterly Revenue Growth of 1.9%, driven by continued strong growth in the International segment Quarterly Net Income of $6.4 million, or $0.20 per diluted share Quarterly Adjusted EBITDA (non-GAAP) of $23.3 million, an increase of 11.5% PRINCETON JUNCTION, N.J., Oct. 30, 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 third quarter and nine months ended September 30, 2024. Highlights of the Third Quarter 2024* Revenue of $182.7 million, a 1.9% increase Gross profit expanded to $54.6 million, with gross profit margin of 29.9%Net income
10/30/24 4:01:00 PM ET
$MG
Military/Government/Technical
Consumer Discretionary
MISTRAS Group Announces Conference Call to Discuss Third Quarter Results on October 31, 2024
PRINCETON JUNCTION, N.J., Oct. 24, 2024 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) has scheduled a conference call for Thursday, October 31, 2024 at 9:00 am Eastern Time to discuss its results for the third quarter of 2024. A press release with the third quarter results will be issued after the close of market on Wednesday, October 30, 2024. To listen to the live webcast of the conference call, visit the Investor Relations section of MISTRAS Group's website at www.mistrasgroup.com. Individuals wishing to participate in the live question and answer session may pre-register at: https://register.vevent.com/register/BIf848f0928520406c928ea91abde4515a. Following the conference call,
10/24/24 4:27:37 PM ET
$MG
Military/Government/Technical
Consumer Discretionary
The MicroCap Rodeo Fall Conference to Host Executive Teams of 19 Companies on October 16th in NYC
NEW YORK, NY / ACCESSWIRE / October 15, 2024 / Tomorrow, Wednesday, October 16th, the MicroCap Rodeo Fall Conference will take place in New York City, featuring executive management teams from 19 companies across a diverse range of industries. Investors will have the opportunity to explore top stock ideas for their portfolios, while also gathering insights on key value drivers and emerging trends in the MicroCap space for 2025.Company presentations will be webcast live starting at 9:30AM ET on Wednesday, October 16th. The companies will also be hosting one-on-one meetings with qualified investors.You may listen to the presentations, via the links below or you may register at the event websit
10/15/24 2:00:00 PM ET
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MISTRAS Group Q1 2024 Adj EPS $0.07 Beats $0.04 Estimate, Sales $184.442M Beat $174.931M Estimate

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Recent Analyst Ratings for $MG

$MG SEC Filings

SEC Form 10-Q filed by Mistras Group Inc

Mistras Group Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Termination of a Material Definitive Agreement, Financial Statements and Exhibits

Mistras Group Inc filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

$MG Financials

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MISTRAS Announces Third Quarter 2024 Results

MISTRAS Group Announces Conference Call to Discuss Third Quarter Results on October 31, 2024

MISTRAS Announces Second Quarter 2024 and First Half 2024 Results

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SEC Form SC 13D filed by Mistras Group Inc

SEC Form SC 13G/A filed by Mistras Group Inc (Amendment)

SEC Form SC 13D/A filed by Mistras Group Inc (Amendment)

Stamatakis Manuel N. bought $90,000 worth of shares (15,000 units at $6.00), increasing direct ownership by 7% to 233,599 units (SEC Form 4)

Debenedictis Nicholas bought $21,150 worth of shares (3,000 units at $7.05), increasing direct ownership by 2% to 195,527 units (SEC Form 4)

Debenedictis Nicholas bought $13,850 worth of shares (2,100 units at $6.60), increasing direct ownership by 1% to 192,527 units (SEC Form 4)

$MG Insider Trading

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Senior EVP Lange Michael J. sold $68,260 worth of shares (6,111 units at $11.17), decreasing direct ownership by 2% to 240,515 units (SEC Form 4)

Senior EVP Lange Michael J. sold $349,131 worth of shares (31,377 units at $11.13), decreasing direct ownership by 11% to 246,626 units (SEC Form 4)

Senior EVP Lange Michael J. sold $272,260 worth of shares (24,706 units at $11.02), decreasing direct ownership by 8% to 278,003 units (SEC Form 4)

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MISTRAS Group Appoints New Chief Transformation Officer to Advance Business Transformation

MISTRAS Group Announces Grant of Stock Options Following Appointment of New Interim President and CEO

Mistras Group, Inc. Elects Charles P. Pizzi to Board of Directors

Mistras Group upgraded by BofA Securities

12 Industrials Stocks Moving In Thursday's Pre-Market Session

12 Industrials Stocks Moving In Monday's Pre-Market Session

MISTRAS Group: Q1 Earnings Insights

MISTRAS Announces Third Quarter 2024 Results

MISTRAS Group Announces Conference Call to Discuss Third Quarter Results on October 31, 2024

The MicroCap Rodeo Fall Conference to Host Executive Teams of 19 Companies on October 16th in NYC

Recent Analyst Ratings for
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$MG
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$MG
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$MG
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