Mistras Group, Inc. (MG) Tops Q1 EPS by 2c, Lowers FY17 Guidance
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Mistras Group Realizes Strong Q1 Profits and Cash Flow Despite Weak Energy Market Conditions
October 6, 2016 4:01 PM EDTQ1 Earnings per Diluted Share of $0.22 nearly in line with record prior year level of $0.23Q1 Gross Profit Margin improved by 120 basis points over prior yearQ1 Adjusted EBITDA $21.2 Million nearly in line with record prior year level of $22.3 MillionQ1 Adjusted EBITDA Margin of 12.6% exceeds prior years 12.4%, despite 6% Revenue DeclineQ1 Operating Cash Flow 7% higher than prior year, Free Cash Flow 14% higher than prior year
PRINCETON JUNCTION, N.J., Oct. 06, 2016 (GLOBE NEWSWIRE) -- Mistras Group, Inc. (NYSE:... More
