Mistras Group, Inc. (MG) Tops Q2 EPS by 9c

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Go back to Mistras Group, Inc. (MG) Tops Q2 EPS by 9c

Mistras Group Announces Record Results for Second Quarter FY'15

January 7, 2015 4:01 PM EST

PRINCETON JUNCTION, N.J., Jan. 7, 2015 (GLOBE NEWSWIRE) -- Mistras Group, Inc. (NYSE: MG), a leading "one source" global provider of technology-enabled asset protection solutions, today reported financial results for its second quarter and first six months of fiscal year 2015, which ended November 30, 2014.

Revenues increased by 32% over the prior year's second quarter, reaching a record level of $206.9 million. Net income for the second quarter achieved another record of $10.4 million, or $0.35 per diluted share, compared with the prior year second quarter's net income of $9.3 million, or $0.32 per diluted share. Acquisition-related items added $0.02 of... More