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Mar 31, 2022
Mistras Q1 2022 Earnings Report
Mistras reported revenue growth and expanded data solutions offerings.
Key Takeaways
Mistras Group, Inc. reported a 5.2% organic revenue growth in Q1 2022, driven by the Services and International segments. The company is experiencing growth in its data solutions offerings, including OneSuite and Sensoria. The company expects to grow revenue to between $695 and $715 million, which should generate Adjusted EBITDA between $65 to $69 million.
Revenue increased by 5.2% organically.
SG&A expenses decreased by 1.7% sequentially.
Net loss was $5.4 million.
Adjusted EBITDA was $5.5 million.
Revenue by Segment
Forward Guidance
The Company expects to grow revenue to between $695 and $715 million, which should generate Adjusted EBITDA between $65 to $69 million. The Company’s free cash flow is expected to be between $27 to $30 million.
Positive Outlook
- Strong energy markets
- Improving commercial aerospace demand
- Robust industrial manufacturing
- Rapidly developing Data Solutions
- Achieving outlook projections
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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