Mistras Group

MISTRAS Group, Inc. engages in the provision of technology-enabled asset protection solutions. The firm serves the oil and gas, aerospace, power, infrastructure, and manufacturing markets. It operates through the following segments: Services, International Offers Services, and Products and Systems. The Services segment provides asset protection solutions primarily in North America, consisting primarily of non-destructive testing, inspection, mechanical, and engineering services. The International Offers Services segment offers services, products, and systems to markets within Europe, the Middle East, Africa, Asia except, China and South Korea, which are served by the Products and Systems segment, and South America. The Products and Systems segment designs, manufactures, sells, installs, and services the company's asset protection products and systems, including equipment and instrumentation, mainly in the United States. The company was founded by Sotirios J. Vahaviolos in 1978 and is headquartered in Princeton Junction, NJ.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Mistras Group excels in Q4, poised for sustainable growth

Mistras Group's Q4 performance reflects financial strength, operational efficiency, and growth across sectors, driven by data solutions and cost discipline.
The company's strategic initiatives, like Project Phoenix, aim to accelerate growth and improve profitability, while the focus on digital products signals a positive market response.
With a solid outlook for 2023, Mistras Group is poised for sustainable growth, aiming to leverage opportunities in data solutions, core markets, and technology advancements.

Mistras Group reports robust Q1 performance and eyes strategic investments

Mistras Group's Q1 2023 performance reflects strong revenue growth, margin expansion, and strategic investments in technology and capabilities.
The company's focus on reducing debt, driving organic growth, and exploring investment options underscores its commitment to long-term value creation and sustainable expansion.
While challenges in balancing growth investments and debt reduction persist, Mistras Group's proactive approach positions it well to capitalize on market opportunities and drive future growth.

Mistras Group reports stable Q2 revenue, eyes growth in key sectors

Mistras Group's Q2 2023 earnings call highlighted a strategic focus on operational efficiency and value creation, leading to stable revenue and growth prospects. Despite challenges like project delays, the company's strengths in key markets and investments in high-growth areas position it well for future opportunities. With a strong performance in data solutions and promising sectors like aerospace and oil and gas, Mistras Group remains optimistic about its growth trajectory.

Mistras Group reports Q3 growth, eyes record EBITDA in 2024

Mistras Group's Q3 2023 performance showed positive revenue and margin trends.
Project Phoenix initiatives aim to drive savings and achieve record EBITDA in 2024.
Challenges include impairment charges and lower guidance for fiscal 2023.
Opportunities lie in organic and inorganic growth, data analytics, and customer relationships.

MISTRAS Group surpasses Q4 expectations, eyes record 2024 performance

MISTRAS Group's Q4 performance exceeded expectations, setting the stage for a promising 2024 with a focus on operational efficiency and growth initiatives.
Strategic changes in management and operations are driving financial performance improvements and unlocking intrinsic value for shareholders.
With a strong emphasis on Project Phoenix, cost-saving measures, and revenue growth strategies, the company is poised for sustainable success in the coming year.

Mistras Group excels in Q1 2024, eyes growth in Data Analytics and Aerospace

Mistras Group's strong Q1 2024 performance was driven by strategic initiatives and cost reductions. Despite challenges in Data Analytical Solutions, the company remains optimistic about meeting targets and sustaining growth momentum. Opportunities lie in expanding the Data Analytical Solutions segment and capitalizing on the aerospace sector's potential.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

MISTRAS Group, Inc. engages in the provision of technology-enabled asset protection solutions. The firm serves the oil and gas, aerospace, power, infrastructure, and manufacturing markets. It operates through the following segments: North America, International Offers Services, and Products and Systems. The North America segment provides asset protection solutions primarily in North America, consisting primarily of non-destructive testing, inspection, mechanical, and engineering services. The International Offers Services segment offers services, products, and systems to markets within Europe, the Middle East, Africa, Asia except, China and South Korea, which are served by the Products and Systems segment, and South America. The Products and Systems segment designs, manufactures, sells, installs, and services the company's asset protection products and systems, including equipment and instrumentation, mainly in the United States. The company was founded by Sotirios J. Vahaviolos in 1978 and is headquartered in Princeton Junction, NJ.

Mistras Group, Inc. (NYSE:MG ) Q1 2022 Earnings Conference Call May 4, 2022 9:00 AM ET Company Participants Dennis Bertolotti - President and Chief Executive Officer Edward Prajzner - Executive Vice President, Chief Executive Officer and Treasurer Jonathan Wolk - Senior Executive Vice President and Chief Operations Officer Conference Call Participants Mitch Pinheiro - Sturdivant Chris Sakai - Singular Research Operator Good day, ladies and gentlemen. And thank you for joining MISTRAS Group's Conference Call for the First Quarter of Fiscal 2022.

Mistras Group, Inc. (MG) CEO Dennis Bertolotti on Q1 2022 Results - Earnings Call Transcript

Continuing Top-Line Growth, Lowered Cost of Capital and Expanded Data Solutions offerings Organic revenue growth of 5.2% Interest expense reduction of $1.3 million or 39.7% Continued expansion of OneSuite™ (Data Solutions), Sensoria™ (Wind) and Private Space capabilities

MISTRAS Announces First Quarter 2022 Results

PRINCETON JUNCTION, N.J., April 29, 2022 (GLOBE NEWSWIRE) -- MISTRAS Group (NYSE: MG) is pleased to announce recent innovative technological advancements to its integrated pipeline integrity and inspection solutions. Along with member-company Onstream Pipeline Inspection and brands New Century Software and Integrity Plus, MISTRAS continues to provide leading-edge technology to help maximize pipeline safety and compliance.

MISTRAS Group Continues To Innovate Pipeline Integrity Inspection Technology

PRINCETON JUNCTION, N.J., April 29, 2022 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE:MG) has scheduled a conference call for Wednesday, May 4, 2022 at 9:00 am Eastern Time to discuss its results for the first quarter of 2022. A press release with the first quarter results will be issued after the close of market on Tuesday, May 3, 2022.

MISTRAS Group Announces Conference Call to Discuss First Quarter 2022 Results on May 4, 2022

Management Presentation To Be Available Online During Virtual Event Management Presentation To Be Available Online During Virtual Event

MISTRAS Group to Participate in the Maxim Virtual Growth Conference March 28-30, 2022

Mistras Group, Inc. (MG) CEO Dennis Bertolotti on Q4 2021 Results - Earnings Call Transcript

Continued Top-Line Growth and Significantly Improved Bottom-Line Annual Operating Performance  2021 Revenue Increase of 14.3% organically  2021 Operating Income of $18.2 million, a substantial increase from the prior year  Ongoing deleveraging, with $16.3 million of full year debt repayments, and total debt decrease to $202.6 million

MISTRAS Announces Fourth Quarter and Full Year 2021 Results

PRINCETON JUNCTION, N.J., March 04, 2022 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE: MG) has scheduled a conference call for Thursday, March 10, 2022, at 9:00 am Eastern Time to discuss its results for the fourth quarter and fiscal year ended December 31, 2021. A press release with the fourth quarter results will be issued after the close of market on Wednesday, March 9, 2022.

MISTRAS Group Announces Conference Call to Discuss Fourth Quarter and 2021 Year-End Results

MISTRAS Group Inc (NYSE: MG) received a U.S. patent for the technology behind Sensoria, its rotor blade monitoring system, and sensors that enable blade integrity management for wind turbine owners and operators. Sensoria detects and reports damages in real-time, including cracks, lightning strikes, skin ruptures, perforations, delaminations, and more.

MISTRAS Receives Patent On Sensoria Wind Blade Monitoring Technology

SENSORIA™ SUPPORTS MISTRAS' GROWTH IN THE CLEAN ENERGY INDUSTRY

MISTRAS Receives Patent On Its Innovative Sensoria™ Wind Blade Monitoring Technology

Management Presentation on January 19, 2022, at 1:00 PM ET Management Presentation on January 19, 2022, at 1:00 PM ET

MISTRAS Group to Participate in the Sidoti Virtual Small Cap Conference January 19 & 20, 2022

Management Presentation on December 08, 2021, at 09:15 AM ET Management Presentation on December 08, 2021, at 09:15 AM ET

MISTRAS Group to Participate in the Sidoti Virtual Microcap Conference December 08 & 09, 2021

MISTRAS Group, Inc. (MG) CEO Dennis Bertolotti on Q3 2021 Results - Earnings Call Transcript

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Mistras (MG) Stock Undervalued Right Now?

THE FIRST-EVER ASSET PROTECTION SOFTWARE ECOSYSTEM,  ONESUITE™ EMPOWERS USERS TO SEE ASSET INTEGRITY DATA IN A NEW DIMENSION

MISTRAS GROUP DEBUTS NEW PROPRIETARY TECHNOLOGIES TO DIGITALLY TRANSFORM ASSET PROTECTION

Mistras (MG) delivered earnings and revenue surprises of -33.33% and 2.38%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

Mistras (MG) Q3 Earnings Miss Estimates

Continued Recovery of Top-Line Growth and Significantly Improved Bottom-Line Performance

MISTRAS Announces Third Quarter 2021 Results

Mistras Group's (MG) third-quarter results are likely to reflect gains from an improvement in the energy market and expanded service offerings.

Mistras Group (MG) to Report Q3 Earnings: What's in Store?

Boyd Gaming

Ethan Allen Interiors

GasLog Partners

Ryder System

ETD, GLOP, MG, R, and BYD have been added to the Zacks Rank #1 (Strong Buy) List on October 29, 2021.

New Strong Buy Stocks for October 29th

PRINCETON JUNCTION, N.J., Oct. 27, 2021 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (NYSE:MG) has scheduled a conference call for Wednesday, November 3, 2021 at 9:00 am Eastern Time to discuss its results for the third quarter of 2021. A press release with the third quarter results will be issued after the close of market on Tuesday, November 2, 2021.

MISTRAS Group Announces Conference Call to Discuss Third Quarter 2021 Results on November 3, 2021

Mistras (MG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Mistras (MG) to Report Q3 Results: Wall Street Expects Earnings Growth

Canon

Fidelity National Financial

Schneider National

Vectrus

CAJ, MG, VEC, FNF, and SNDR have been added to the Zacks Rank #1 (Strong Buy) List on September 24, 2021.

New Strong Buy Stocks for September 24th

PRINCETON JUNCTION, N.J., Sept. 16, 2021 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) – a leading “one source” global provider of technology-enabled asset protection solutions used to maximize the uptime and safety of critical energy, industrial, and public infrastructure – announced today that Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will participate in investor meetings and a fireside chat at the Sidoti Virtual Investor Conference.

MISTRAS Group to Hold a Live Q&A Fireside Chat at the Sidoti Virtual Investor Conference

PRINCETON JUNCTION, N.J., Sept. 12, 2021 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) – a leading “one source” global provider of technology-enabled asset protection solutions used to maximize the uptime and safety of critical energy, industrial, and public infrastructure – announced today that Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will be presenting at the H.C. Wainwright Global Investment Conference, which is being held virtually from September 13-15, 2021. Management will also be hosting virtual one-on-one meetings throughout the conference.

MISTRAS Group to Participate in the 23rd Annual H.C. Wainwright Global Investment Conference

PRINCETON JUNCTION, N.J., Aug. 11, 2021 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) – a leading “one source” global provider of technology-enabled asset protection solutions used to maximize the uptime and safety of critical energy, industrial, and public infrastructure – announced today that Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will be presenting on August 18, 2021, from 8:30 am – 9:00 am EDT at the Sidoti August Microcap Conference, which is being held virtually. Management will also be hosting virtual one-on-one meetings throughout the conference.

News for Mistras Group Stock (MG)