Mistras Group (MG) Misses Q4 EPS by 2c

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Go back to Mistras Group (MG) Misses Q4 EPS by 2c

Mistras Group Announces Results for Fourth Quarter FY'15

August 5, 2015 4:01 PM EDT

PRINCETON JUNCTION, N.J., Aug. 5, 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 fourth quarter and entire fiscal year 2015, which ended May 31, 2015.

Revenues for the fourth quarter of fiscal 2015 were $174.7 million, 2.5% less than the prior year's fourth quarter. Adverse foreign exchange rates reduced fourth quarter revenues by $9.3 million. Revenues for the fourth quarter of fiscal 2015 increased by 2.7% on a constant dollar basis. Net income for the fourth quarter of fiscal 2015 was $2.2 million, or $0.07 per diluted share,... More