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Mistras Q1 2025 Earnings Report
Mistras Group, Inc. reported financial results for the first quarter ended March 31, 2025, showing a decrease in revenue but an increase in gross profit margin.
Key Takeaways
Mistras Group, Inc. announced its first quarter 2025 results with revenue of $161.6 million, a decrease of 12.4% year-over-year. Despite the revenue decline, the company achieved a gross profit of $40.9 million, with the gross profit margin increasing by 30 basis points to 25.3%. The net loss for the quarter was $3.2 million, inclusive of special items.
Revenue for Q1 2025 was $161.6 million, a decrease of 12.4% compared to Q1 2024.
Gross profit increased by 30 basis points to 25.3%, reaching $40.9 million.
The company reported a net loss of $3.2 million, or ($0.10) per share.
Net cash provided by operating activities increased by $5.0 million to $5.6 million.
Mistras
Mistras
Mistras Revenue by Segment
Mistras Revenue by Geographic Location
Revenue by Segment
North America Revenue
CapyFin.comInternational Revenue
CapyFin.comProducts and Systems Revenue
CapyFin.comCorporate and Eliminations Revenue
CapyFin.comRevenue by Geographic Location
Oil & Gas Revenue
CapyFin.comAerospace & Defense Revenue
CapyFin.comIndustrials Revenue
CapyFin.comPower Generation & Transmission Revenue
CapyFin.comOther Process Industries Revenue
CapyFin.comInfrastructure, Research & Engineering Revenue
CapyFin.comPetrochemical Revenue
CapyFin.comOther Revenue
CapyFin.com Forward Guidance
The company is not providing full year guidance for fiscal 2025 due to unprecedented market uncertainty, including tariffs, changes to U.S. trade policy, and other market conditions. The new CEO is currently reviewing the company's entire portfolio of businesses.
Positive Outlook
- Reinvigorated senior leadership with new high-caliber positions focused on delivering value to customers.
- Integrated Data Solutions capabilities combining data-centric services, software, and technology to evolve asset protection ecosystem.
- Unified accredited laboratories with integrated service capabilities to reduce cycle times and increase speed to market.
- Continued focus on cost and expense management, including reduction in administrative support functional costs.
- Confidence in improvement in key profitability measures over the remainder of the year with anticipated revenue growth across all primary industries.
Challenges Ahead
- Unprecedented market uncertainty due to tariffs and changes to U.S. trade policy.
- Potential industry headwinds caused by global market uncertainty.
- Unexpected softness in demand in the Midstream sector.
- The new CEO is still reviewing the company's entire portfolio of businesses, leading to no full-year guidance.
- Foreign exchange translation had an adverse impact on SG&A.
Revenue & Expenses
Visualization of income flow from segment revenue to net income