MG Q2 2023 Earnings — Mistras Group, Inc. Revenue & Financial Results | Market Cap Arena

MGMistras Group, Inc.

$457M

Q2 2023 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$176M-1.7% YoY

Gross Profit

$50M28.2% margin

Operating Income

$4M2.2% margin

Net Income

$337,0000.2% margin

EPS (Diluted)

$0.01

QoQ Revenue Growth

+4.8%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$8M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$541M

Total Liabilities

$340M

Stockholders' Equity

$200M

Cash & Equivalents

$18M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$176M	$179M	-1.7%
Gross Profit	$50M	$54M	-7.2%
Operating Income	$4M	$10M	-59.3%
Net Income	$337,000	$5M	-92.7%

Revenue Segments

Oil & Gas

$106M60%

Aerospace and Defense

$19M11%

Industrials

$18M10%

Other Process Industries

$13M8%

Power Generation and Transmission

$8M5%

Infrastructure, Research and Engineering

$7M4%

Other Products and Services

$3M2%

Petrochemical

$2M1%

Geographic Segments

UNITED STATES

$125M71%

Europe

$25M14%

Other Americas

$24M13%

Asia Pacific

$3M1%