Baird Upgrades Mistras Group (MG) to Outperform
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Forward Air (FWRD) Appoints Shawn Stewart as CEO
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Mistras Group Exceeds Profit and Revenue Guidance with Strong Fourth Quarter Results; Announces Fiscal Year 2017 Guidance
August 10, 2016 4:01 PM EDTÂ Q4 Earnings per Diluted Share of $0.09 including legal settlement, $0.22 (excluding legal settlement)Annual Earnings per Diluted Share of $0.82 including legal settlement, $0.96 (ex-legal settlement)Q4 Adjusted EBITDA $21.4 Million, 11.6% of Revenues; Annual $88.1 Million, 12.2% of RevenuesQ4 Revenue Growth of 5% over prior year Despite Difficult Market and Canadian Oil Sands FiresOperating and Free Cash Flow each grew by over $18 million during Full Fiscal Year
PRINCETON JUNCTION, N.J., Aug. 10, 2016 (GLOBE NEWSWIRE) -- Mistras Group, Inc. (NYSE: MG), a leading "one source" global... More