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

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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