Mistras Group Announces Strong Results for First Quarter FY'16 and Authorization to Repurchase up to $50 Million of Stock

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Mistras Group, Inc. (MG) Tops Q1 EPS by 14c, Approves $50M Common Stock Buyback

October 7, 2015 4:03 PM EDT

Mistras Group, Inc. (NYSE: MG) reported Q1 EPS of $0.23, $0.14 better than the analyst estimate of $0.09. Revenue for the quarter came in at $179.9 million versus the consensus estimate of $163.47 million.

Mistras Group, Inc. sees FY2015 revenue of $710-725 million, versus the consensus of $716.87... More