Quarterly ResultMay 7, 2026, 02:57 PM
Mistras Group Q1 Net Income $2.39M; Revenue $169.03M
AI Summary
Mistras Group, Inc. reported a significant turnaround in the first quarter of 2026, achieving a net income of $2.39 million, compared to a net loss of $3.19 million in the prior year period. Total revenue increased by 4.6% to $169.03 million. The company noted ongoing volatility in the global trade landscape and geopolitical tensions in the Middle East, though these have not materially impacted operations to date.
Key Highlights
- Net income attributable to Mistras Group, Inc. was $2.39 million, up from a $3.19 million loss YoY.
- Basic earnings per share (EPS) was $0.08, a significant improvement from $(0.10) YoY.
- Total revenue increased 4.6% to $169.03 million for the quarter.
- North America segment revenue grew 5.0% to $135.32 million.
- International segment revenue rose 9.3% to $36.29 million.
- Net cash from operating activities decreased to $2.81 million from $5.65 million YoY.
- Long-term debt, net of current portion, was $168.49 million as of March 31, 2026.
Price Impact
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