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Stock impact report

MISTRAS Group Announces First Quarter 2019 Results

Mistras Group Inc (MG) 
Last mistras group inc earnings: 11/4 05:20 pm Check Earnings Report
US:NYSE Investor Relations: investors.mistrasgroup.com
Company Research Source: GlobeNewswire
Highlights of the First Quarter 2019* Results consistent with guidance outlook for the full yearQ1 gross profit up 2% to $48.9 millionQ1 gross margin expands 190 basis points to 27.6% from 25.7%; Services segment gross margin expands 280 basis points to 26.6% from 23.8%Q1 cash flows from operating activities of $8.2 million, up 41% from first quarter 2018 *- All comparisons are consolidated and versus the equivalent prior year period. PRINCETON JUNCTION, N.J., May 06, 2019 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE), a leading "one source" global provider of technology-enabled asset protection solutions, reported financial results for its first quarter ended March 31, 2019. For the first quarter of 2019, consolidated revenues were $176.8 million compared with $187.6 million in the prior year period.  Revenues are consistent with our expectations and reflective of the impact we anticipated from the previously disclosed non-renewal of a contract, effective April 1, 2019.  F Show less Read more
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