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MISTRAS Group Announces Conference Call to Discuss Fourth Quarter and 2024 Year-End Results on March 6, 2025
GlobeNewswire· 2025-02-26 23:04
Company Overview - MISTRAS Group, Inc. is a leading multinational provider of integrated technology-enabled asset protection solutions, focusing on maximizing safety and operational uptime for critical industrial and civil assets [3]. - The company supports various industries including oil and gas, aerospace and defense, renewable and nonrenewable power, civil infrastructure, and manufacturing [4]. Upcoming Financial Results - MISTRAS Group has scheduled a conference call for March 6, 2025, at 9:00 am Eastern Time to present its results for the fourth quarter and fiscal year ended December 31, 2024 [1]. - A press release with the fourth quarter results will be issued after the market closes on March 5, 2025 [1]. Technological Capabilities - The company enhances value for clients by integrating asset protection throughout supply chains and centralizing integrity data through Industrial IoT-connected digital software and monitoring solutions [5]. - Core capabilities include non-destructive testing, advanced robotics, laboratory quality control, sensing technologies, and mechanical integrity engineering services [5]. Commitment to ESG - MISTRAS is committed to Environmental, Social, and Governance (ESG) initiatives, aiming to achieve operational and environmental excellence for its clients [4].
MISTRAS Group Mourns the Passing of Founder & Chairman Emeritus Dr. Sotirios J. Vahaviolos
Newsfilter· 2025-02-07 00:55
PRINCETON JUNCTION, N.J., Feb. 06, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of MISTRAS Group, Inc. (NYSE:MG) is deeply saddened to announce the passing of Dr. Sotirios J. Vahaviolos, the company's Founder, Chairman Emeritus, and Board Director, on Thursday, February 6, 2025. A visionary leader and pioneer in the field of non-destructive testing (NDT) and acoustic emission (AE), Dr. Vahaviolos founded MISTRAS (originally Physical Acoustics Corporation) in 1978 and dedicated over four decades to buildi ...
MISTRAS Group Mourns the Passing of Founder & Chairman Emeritus Dr. Sotirios J. Vahaviolos
GlobeNewswire· 2025-02-07 00:55
PRINCETON JUNCTION, N.J., Feb. 06, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of MISTRAS Group, Inc. (NYSE: MG) is deeply saddened to announce the passing of Dr. Sotirios J. Vahaviolos, the company’s Founder, Chairman Emeritus, and Board Director, on Thursday, February 6, 2025. A visionary leader and pioneer in the field of non-destructive testing (NDT) and acoustic emission (AE), Dr. Vahaviolos founded MISTRAS (originally Physical Acoustics Corporation) in 1978 and dedicated over four decades to build ...
MISTRAS Group Appoints Natalia Shuman as President and Chief Executive Officer
GlobeNewswire News Room· 2024-12-05 22:00
Core Insights - MISTRAS Group, Inc. has appointed Natalia Shuman as the new President and CEO, effective January 1, 2025, succeeding Manuel N. Stamatakis [1][3][5] Leadership Transition - Natalia Shuman brings over 20 years of leadership experience in the Testing, Inspection, and Certification (TIC) industry, having previously held executive roles at Eurofins Scientific and Bureau Veritas [2][6][7] - Manuel N. Stamatakis will continue as Executive Chairman of the Board, providing strategic oversight and support to the new CEO [3][4] Strategic Vision - The Board of Directors believes that Shuman's extensive experience and leadership will drive MISTRAS Group towards profitable growth and sustainable improvement in shareholder value [5] - Shuman expressed her commitment to building on the strong foundation established by the company and driving meaningful value for stakeholders [5] Company Overview - MISTRAS Group is a leading multinational provider of integrated technology-enabled asset protection solutions, focusing on maximizing safety and operational uptime for critical industrial and civil assets [10][11] - The company supports various industries, including oil and gas, aerospace and defense, renewable and nonrenewable power, civil infrastructure, and manufacturing [11][12]
Mistras (MG) - 2024 Q3 - Quarterly Report
2024-11-04 19:02
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __ to __ Commission file number 001-34481 Mistras Group, Inc. (Exact name of registrant as specified in its charter) Delaware 22-3341267 ...
Mistras (MG) - 2024 Q3 - Earnings Call Transcript
2024-10-31 21:58
Mistras Group, Inc. (NYSE:MG) Q3 2024 Results Conference Call October 31, 2024 9:00 AM ET Company Participants Manuel Stamatakis - Chairman of the Board and Interim Chief Executive Officer Edward Prajzner - Senior Executive Vice President and Chief Financial Officer Conference Call Participants John Franzreb - Sidoti & Company, LLC Christopher Sakai - Singular Research Mitchell Pinheiro - Sturdivant & Co. Inc. Operator Thank you for joining the Mistras Group's Conference Call for its Third Quarter ended Sep ...
Mistras (MG) Misses Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-30 22:45
Mistras (MG) came out with quarterly earnings of $0.20 per share, missing the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -23.08%. A quarter ago, it was expected that this engineering services company would post earnings of $0.15 per share when it actually produced earnings of $0.21, delivering a surprise of 40%.Over the last four quarters, the ...
Mistras (MG) - 2024 Q3 - Quarterly Results
2024-10-30 20:26
Exhibit 99.1 MISTRAS Announces Third Quarter 2024 Results Quarterly Revenue Growth of 1.9%, driven by continued strong growth in the International segment Quarterly Net Income of $6.4 million, or $0.20 per diluted share Quarterly Adjusted EBITDA (non-GAAP) of $23.3 million, an increase of 11.5% PRINCETON JUNCTION, N.J., October 30, 2024 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE), a leading "one source" multinational provider of integrated technology-enabled asset protection solutions, reported finan ...
Should Value Investors Buy Mistras Group (MG) Stock?
ZACKS· 2024-09-11 14:45
While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Looking at the history of these trends, perhaps none is more beloved than value investing. This strategy simply looks to identify companies that are being undervalued by the broader market. Value investors use a ...
Are You Looking for a Top Momentum Pick? Why Mistras (MG) is a Great Choice
ZACKS· 2024-09-04 17:01
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...