Mistras Group (MG) Misses Q3 EPS by 4c

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Go back to Mistras Group (MG) Misses Q3 EPS by 4c

Mistras Group Announces Results for Third Quarter FY'15

April 8, 2015 4:01 PM EDT

PRINCETON JUNCTION, N.J., April 8, 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 third quarter and first nine months of fiscal year 2015, which ended February 28, 2015.

Revenues increased by 7.5% over the prior year's third quarter, reaching $163.1 million. Net income for the third quarter was $1.8 million, or $0.06 per diluted share, compared with net income of $1.2 million or $0.04 per diluted share in the prior year period. Excluding acquisition-related items, net income in the third quarter of fiscal year 2015 was $0.2 million... More

Magna Facility Sits With the Best

April 8, 2015 12:18 PM EDT

Kentucky plant produces 1 million vehicle seat sets in three years

AURORA, ON, April 8, 2015 /PRNewswire/ - Magna International Inc. announces today that its Louisville Seating Systems manufacturing division has achieved the production milestone of 1 million sets of automobile seats manufactured. Louisville Seating started producing complete seat sets in April 2012 for the Ford Escape, and since then has expanded its customer base to help reach the million mark.

(Photo: http://photos.prnewswire.com/prnh/20150408/197377)

"I am... More