Mirion Earnings Reports

Mirion achieved a 10.40% YoY revenue increase, reaching $254,300,000, with GAAP net income of $15,900,000. Adjusted EBITDA grew by 14.10% YoY, driven by strong organic growth in the Nuclear & Safety and Medical segments.

Mirion announced its Q3 2024 financial results, with revenues increasing by 8.2% to $206.8 million compared to the same period in 2023. The company reported a net loss of $14.0 million, and an adjusted EBITDA of $45.7 million, which is an increase of 17.8%. The company also updated its full-year 2024 guidance.

Mirion announced Q2 2024 financial results with a 5.0% increase in revenues to $207.1 million compared to the same period in 2023. The company reported a net loss of $12.0 million, improved from a net loss of $28.4 million in the previous year. Adjusted EBITDA increased by 10.2% to $48.8 million. The company raised its full year adjusted EBITDA guidance to $195 million to $205 million and reiterated its revenue growth guidance of 5% to 7% and adjusted EPS guidance of $0.37-$0.42.

Mirion Technologies reported a 5.8% increase in revenue for the first quarter of 2024, reaching $192.6 million. The company's net loss decreased to $26.5 million, and adjusted EBITDA rose by 7.9% to $39.5 million. The company reaffirmed its full year 2024 guidance.

Mirion announced strong Q4 2023 results with a 5.7% increase in revenue to $230.4 million and a significant improvement in net loss, which decreased by 90.1% to $15.2 million. Adjusted EBITDA rose by 8.2% to $61.0 million, and adjusted EPS increased to $0.15 from $0.11 in the same period last year. The company also initiated full year 2024 guidance, projecting continued revenue growth and improved profitability.

Mirion announced strong Q3 2023 results with an 18.8% increase in revenue to $191.2 million and a significant reduction in net loss to $12.1 million. Adjusted EBITDA rose by 26.0% to $38.8 million, and adjusted EPS increased to $0.05. The company reiterated its full-year guidance and completed the acquisition of ec2 Software Solutions LLC and NUMA LLC.

Mirion announced strong second quarter results with a 12.2% increase in revenues to $197.2 million. The company updated its full year 2023 guidance, expecting revenue growth of 8% to 10% and adjusted EBITDA of $175 million to $185 million.

Mirion Technologies reported an 11.6% increase in revenue for the first quarter of 2023, reaching $182.1 million. The company reaffirmed its full-year 2023 guidance, expecting revenue growth of 6% to 9%, adjusted EBITDA of $172 million to $182 million, and adjusted EPS of $0.28-$0.34.

Mirion Technologies announced a $150 million investment from T. Rowe Price, with plans to use approximately $125 million to pay down debt. As a result, Mirion is increasing its Adjusted Free Cash Flow guidance for 2023 to a range of $58 million – $78 million.

Mirion Technologies reported an 11.5% increase in revenues for the third quarter, reaching $160.9 million compared to $144.3 million in the same period in 2021. However, the company experienced a GAAP net loss of $50.4 million, and adjusted EBITDA decreased slightly by 0.3% to $30.8 million.

Mirion Technologies reported a decrease in revenue for the second quarter of 2022, along with a net loss. However, the company confirmed its full year guidance, citing strong order inflow during the first half of the year.