Mistras Group, Inc. (MG) Tops Q3 EPS by 7c, Lowers High End of FY Revenue Guidance

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Go back to Mistras Group, Inc. (MG) Tops Q3 EPS by 7c, Lowers High End of FY Revenue Guidance

Mistras Group Exceeds Profit Expectations for Third Consecutive Quarter and Raises Profit Guidance

April 6, 2016 4:01 PM EDT

Quarterly Earnings per Diluted Share of 12 cents More than Doubles Consensus EstimateAdjusted EBITDA Margin Improved vs. prior year Q3 by 250 basis points; YTD by 240 basis pointsAdjusted EBITDA Guidance Raised by $4 Million for Fiscal Year 2016Operating Cash Flow Improved by over $21 Million (62%) Year-to-date

PRINCETON JUNCTION, N.J., April 06, 2016 (GLOBE NEWSWIRE) -- Mistras Group, Inc. (NYSE: MG), a leading "one source" global provider of technology-enabled asset protection solutions, reported record earnings for its third quarter and first nine months of fiscal year 2016, which... More