MISTRAS FY26 Q1 returns to profit of $2.4 million; revenue rises 4.6% to $169 million
Mistras Group, Inc.
Mistras Group, Inc. MG | 0.00 |
- MISTRAS Group posted first-quarter revenue of $169 million, up 4.6%, driven by 35.5% growth in Aerospace & Defense.
- Net income swung to $2.4 million, or $0.07 per diluted share, from a loss a year earlier.
- Adjusted EBITDA rose 18.7% to $14.3 million, lifting margin 1.1 percentage points to 8.5%.
- Oil & Gas revenue fell $11.1 million due to inspection deferrals and project delays tied to crude price moves, plus an intentional exit from certain lower-margin run-and-maintain accounts.
- Full-year guidance was reaffirmed for revenue of $730 million-$750 million, adjusted EBITDA of $91 million-$93 million.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MISTRAS Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605051705PRIMZONEFULLFEED9713812) on May 05, 2026, and is solely responsible for the information contained therein.
