MG Q2 2024 Earnings — Mistras Group, Inc. Revenue & Financial Results | Market Cap Arena

MGMistras Group, Inc.

$457M

Q2 2024 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$190M+7.8% YoY

Gross Profit

$51M27.1% margin

Operating Income

$12M6.3% margin

Net Income

$6M3.4% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

-$2M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$548M

Total Liabilities

$355M

Stockholders' Equity

$193M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$190M	$176M	+7.8%
Gross Profit	$51M	$50M	+3.3%
Operating Income	$12M	$4M	+207.2%
Net Income	$6M	$337,000	+1789.9%

Revenue Segments

Oil & Gas

$109M58%

Aerospace and Defense

$22M12%

Industrials

$18M10%

Other Process Industries

$15M8%

Power Generation and Transmission

$9M5%

Infrastructure, Research and Engineering

$9M5%

Petrochemical

$4M2%

Other Products and Services

$3M2%

Geographic Segments

UNITED STATES

$133M70%

Europe

$31M16%

Other Americas

$24M13%

Asia Pacific

$1M1%