MG Q1 2023 Earnings — Mistras Group, Inc. Revenue & Financial Results | Market Cap Arena

MGMistras Group, Inc.

$457M

Q1 2023 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$168M+3.9% YoY

Gross Profit

$46M27.4% margin

Operating Income

-$2M-1.1% margin

Net Income

-$5M-3.0% margin

EPS (Diluted)

$-0.17

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

-$260,000

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$531M

Total Liabilities

$335M

Stockholders' Equity

$196M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$168M	$162M	+3.9%
Gross Profit	$46M	$40M	+15.5%
Operating Income	-$2M	-$5M	+61.0%
Net Income	-$5M	-$5M	+7.0%

Revenue Segments

Oil & Gas

$99M59%

Aerospace and Defense

$19M11%

Industrials

$16M9%

Other Process Industries

$12M7%

Power Generation and Transmission

$8M5%

Infrastructure, Research and Engineering

$6M3%

Petrochemical

$5M3%

Other Products and Services

$3M2%

Geographic Segments

UNITED STATES

$122M73%

Europe

$25M15%

Other Americas

$18M11%

Asia Pacific

$3M2%