MG Q3 2023 Earnings — Mistras Group, Inc. Revenue & Financial Results | Market Cap Arena

MGMistras Group, Inc.

$457M

Q3 2023 Earnings

Industrials Security & Protection Services

Income Statement

Revenue

$179M+0.5% YoY

Gross Profit

$54M30.3% margin

Operating Income

-$5M-2.6% margin

Net Income

-$10M-5.7% margin

EPS (Diluted)

$-0.34

QoQ Revenue Growth

+1.9%

Cash Flow

Operating Cash Flow

-$8M

Free Cash Flow

-$13M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$537M

Total Liabilities

$351M

Stockholders' Equity

$185M

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$179M	$178M	+0.5%
Gross Profit	$54M	$54M	+1.1%
Operating Income	-$5M	$9M	-151.4%
Net Income	-$10M	$4M	-335.5%

Revenue Segments

Oil & Gas

$103M58%

Aerospace and Defense

$20M11%

Industrials

$17M9%

Other Process Industries

$10M5%

Power Generation and Transmission

$10M5%

Infrastructure, Research and Engineering

$9M5%

Other Products and Services

$6M4%

Petrochemical

$4M2%

Geographic Segments

UNITED STATES

$127M71%

Europe

$27M15%

Other Americas

$24M13%

Asia Pacific

$2M1%