Mistras Group, Inc. (MG) Misses Q4 EPS by 16c

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Go back to Mistras Group, Inc. (MG) Misses Q4 EPS by 16c

MISTRAS Group Announces Fourth Quarter and Full Year 2018 Results

March 11, 2019 4:00 PM EDT

Record Annual Revenue of $742 million

Fiscal 2018 Gross Margin Expands to 28.0% from 26.8%; Gross Margins Expand in all segments

Fourth Quarter Margins of 28.9% Reach Highest Fourth Quarter Margin in Three Years

Highlights of the Fourth Quarter 2018*

Q4 gross profit up 4% to $52.3 millionQ4 gross margin expands 210 basis points to 28.9%, highest fourth quarter margin in three yearsQ4 net loss of $1.1 million and non-GAAP net income of $1.7 millionQ4 adjusted EBITDA... More