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Mistras (MG) - 2023 Q4 - Annual Results
MGMistras (MG)2024-03-06 21:02

Exhibit 99.1 MISTRAS Announces Fourth Quarter and Full Year 2023 Results Q4 2023 Revenue of 182.1million,up8.2182.1 million, up 8.2% Q4 2023 Net Loss of 2.5 million reflecting 6.3millionofreorganizationandothercostsand6.3 million of reorganization and other costs and 1.2 million of foreign currency exchange losses Q4 2023 Adjusted EBITDA (non-GAAP) of 19.2millioncomparedto19.2 million compared to 15.7 million in the prior year, up 22.0%; highest Q4 result historically Full Year 2023 Net Cash Provided by Operating Activities of $26.7 million consistent with the prior year, whereas ...