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Stock impact report

Mistras Group Announces Fourth Quarter and Full Year 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
Record Annual Revenue of $749 millionFull 2019 Gross Margin Expands by 100 basis points to 29%Full 2019 Operating Cash Flow Up 42% to $59 million Highlights of the Fourth Quarter 2019* Cash flows from operations of $18.6 million, up 6.6%Free cash flow of $13.7 million, up 12.9%Debt repayment of $13.1 millionSG&A expenses reduced $0.9 million to $42.6 million Highlights of the Full Year 2019* Gross profit of $217.3 million, up 4.5%Gross margin expanded 100 basis points to 29.0% Income from operations of $24.1 million, up 8.6%Cash flow from operations of $59.1 million, up 41.9%Free cash flow of $36.2 million, up 76.2%Debt repayment of $35.6 million (Approximately 98% of free cash flow) * All comparisons are consolidated and versus the equivalent prior year period. PRINCETON JUNCTION, N.J., March 25, 2020 (GLOBE NEWSWIRE) -- Mistras Group, Inc. (MG: NYSE), a leading "one source" global provider of technology-enabled asset protection solutions, reported financial results for its f Show less Read more
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