MG Q1 2024 Earnings — Mistras Group, Inc. Revenue & Financial Results | Market Cap Arena

MGMistras Group, Inc.

$457M

Q1 2024 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$184M+9.8% YoY

Gross Profit

$46M25.0% margin

Operating Income

$6M3.0% margin

Net Income

$995,0000.5% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

+1.3%

Cash Flow

Operating Cash Flow

$604,000

Free Cash Flow

-$5M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$542M

Total Liabilities

$355M

Stockholders' Equity

$187M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$184M	$168M	+9.8%
Gross Profit	$46M	$46M	+0.2%
Operating Income	$6M	-$2M	+403.4%
Net Income	$995,000	-$5M	+120.0%

Revenue Segments

Oil & Gas

$113M61%

Aerospace and Defense

$22M12%

Industrials

$15M8%

Other Process Industries

$12M6%

Infrastructure, Research and Engineering

$7M4%

Power Generation and Transmission

$6M3%

Other Products and Services

$5M3%

Petrochemical

$4M2%

Geographic Segments

UNITED STATES

$130M70%

Europe

$30M16%

Other Americas

$19M10%

Asia Pacific

$5M3%