Mistras Group, Inc. (MG) Tops Q2 EPS by 13c, Raises FY Ebitda Guidance

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Mistras Group Announces Strong Second Quarter FY'16 Results and Raises Profit Guidance

January 6, 2016 4:01 PM EST

Record Earnings per Diluted Share of 39 cents for the QuarterAdjusted EBITDA of $29.1 Million, or 14.9% of Revenues for the QuarterProfit Improvements in International and Products Segments Exceed small Services declineOperating Cash Flow Improved by over $23 million in First Half of Fiscal YearFull Year Adjusted EBITDA guidance increased by up to $5 Million

PRINCETON JUNCTION, N.J., Jan. 06, 2016 (GLOBE NEWSWIRE) -- Mistras Group, Inc. (MG:NYSE), a leading "one source" global provider of technology-enabled asset protection solutions, reported financial results for its second... More