Profile
Sector:
IndustrialsIndustry:
Security & Protection ServicesCountry:
United StatesIPO:
08 October 2009Website:
http://www.mistrasgroup.comNext earnings report:
02 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 28 Jun 2024 21:29:10 GMTDividend
Analysts recommendations
Institutional Ownership
MG Latest News
Mistras Group, Inc. [MG] First Quarter 2024 Earnings Conference Call on May 2, 2024 at 8:00 AM ET with Company Participants Manny Stamatakis, Interim President & CEO, and Ed Prajzner, SVP & CFO. Conference Call Participants include Chris Sakai from Singular Research, Tim Moore from E.F. Hutton, and Mitchell Pinheiro from Sturdivant & Co. Thank you for joining us.
Management presentation will be broadcast live at 10:00 AM ET on May 9, 2024.
Management Presentation to Be Webcast Live at 10:00 AM ET on March 13, 2024 Management Presentation to Be Webcast Live at 10:00 AM ET on March 13, 2024
PRINCETON JUNCTION, N.J., Feb. 29, 2024 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) has scheduled a conference call for Thursday, March 7, 2024 at 9:00 am Eastern Time to discuss its results for the fourth quarter and fiscal year ended December 31, 2023. A press release with the fourth quarter results will be issued after the close of market on Wednesday, March 6, 2024.
MANAGEMENT PRESENTATION TO BE WEBCAST LIVE AT 10:45 AM ET ON JANUARY 18, 2024 MANAGEMENT PRESENTATION TO BE WEBCAST LIVE AT 10:45 AM ET ON JANUARY 18, 2024
Mistras Group's revenue growth has been mild, despite a strong business model and global scale. Management's execution has been poor, although the cyclical nature of its clientele has also impacted it. The industry is broadly attractive, however, with robust demand, a number of tailwinds (incl. clean energy and increased infrastructure spending), and technological innovation if led. MG's margin development has been underwhelming, although has reasonable scope for improvement through cost rationalization and digitalization.
Management Presentation to be Webcast Live at 10:45 AM ET on November 16, 2023 Management Presentation to be Webcast Live at 10:45 AM ET on November 16, 2023
Mistras Group, Inc. (MG) Q3 2023 Earnings Call Transcript
PRINCETON JUNCTION, N.J., Oct. 27, 2023 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) has scheduled a conference call for Friday, November 3, 2023 at 9:00 am Eastern Time to discuss its results for the third quarter of 2023. A press release with the third quarter results will be issued after the close of market on Thursday, November 2, 2023.
Mistras Group booked weak Q2 2023 results with revenues down 1.7% while adjusted EBITDA declined by 16.4% to $15.3 million. The second half of the year should be good as the adjusted EBITDA guidance for the full year barely changed. The EV has decreased below $330 million over the past few days, and I think MG is starting to look undervalued once again.
What type of business is Mistras?
Mistras Group, Inc. provides technology-enabled asset protection solutions worldwide. The company operates through three segments: Services, International, and Products and Systems. It offers non-destructive testing services; predictive maintenance assessments of fixed and rotating assets; inline inspection for pipelines; and develops enterprise inspection database management software and plant condition management software. The company also provides maintenance and light mechanical services, such as corrosion removal, mitigation and prevention, insulation installation and removal, electrical, heat tracing, industrial cleaning, pipefitting, and welding; engineering consulting services primarily for process equipment, technologies, and facilities; and utilizes scaffolding and rope access to access at-height and confined assets. In addition, it offers certified divers for subsea inspection and maintenance; unmanned aerial, land-based, and subsea systems for inspection applications; online condition-monitoring solutions; quality assurance and quality control solutions for new and existing metal and alloy components, materials, and composites. Further, the company designs and installs monitoring systems, as well as provides commissioning, training, reporting, technical support, and annual maintenance services; Web-based solutions; and custom-developed software. Additionally, it designs, manufactures, and sells acoustic emission sensors, instruments, and turnkey systems for monitoring and testing materials, pressure components, processes, and structures, as well as automated ultrasonic systems and scanners. The company serves oil and gas, commercial aerospace and defense, fossil and nuclear power, alternative and renewable energy, industrial, public infrastructure, petrochemical, transportation, and process industries, as well as research and engineering institutions. Mistras Group, Inc. was founded in 1978 and is headquartered in Princeton Junction, New Jersey.
What sector is Mistras in?
Mistras is in the Industrials sector
What industry is Mistras in?
Mistras is in the Security & Protection Services industry
What country is Mistras from?
Mistras is headquartered in United States
When did Mistras go public?
Mistras initial public offering (IPO) was on 08 October 2009
What is Mistras website?
https://www.mistrasgroup.com
Is Mistras in the S&P 500?
No, Mistras is not included in the S&P 500 index
Is Mistras in the NASDAQ 100?
No, Mistras is not included in the NASDAQ 100 index
Is Mistras in the Dow Jones?
No, Mistras is not included in the Dow Jones index
When does Mistras report earnings?
The next expected earnings date for Mistras is 02 August 2024