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Mistras Group's revenue growth has been mild, despite a strong business model and global scale. Management's execution has been poor, although the cyclical nature of its clientele has also impacted it. The industry is broadly attractive, however, with robust demand, a number of tailwinds (incl. clean energy and increased infrastructure spending), and technological innovation if led. MG's margin development has been underwhelming, although has reasonable scope for improvement through cost rationalization and digitalization.
Management Presentation to be Webcast Live at 10:45 AM ET on November 16, 2023 Management Presentation to be Webcast Live at 10:45 AM ET on November 16, 2023
Mistras Group, Inc. (MG) Q3 2023 Earnings Call Transcript
PRINCETON JUNCTION, N.J., Oct. 27, 2023 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) has scheduled a conference call for Friday, November 3, 2023 at 9:00 am Eastern Time to discuss its results for the third quarter of 2023. A press release with the third quarter results will be issued after the close of market on Thursday, November 2, 2023.
Mistras Group booked weak Q2 2023 results with revenues down 1.7% while adjusted EBITDA declined by 16.4% to $15.3 million. The second half of the year should be good as the adjusted EBITDA guidance for the full year barely changed. The EV has decreased below $330 million over the past few days, and I think MG is starting to look undervalued once again.
Management Presentation to Be Webcast Live at 10:00 AM ET on August 17 Management Presentation to Be Webcast Live at 10:00 AM ET on August 17
Mistras Group, Inc. (NYSE:MG ) Q2 2023 Results Earnings Conference Call August 3, 2023 9:00 AM ET Company Participants Dennis Bertolotti - President and Chief Executive Officer Edward Prajzner - Executive Vice President, Chief Financial Officer and Treasurer Conference Call Participants Mitchell Pinheiro - Sturdivant & Co. Chris Sakai - Singular Research Brian Russo - Sidoti & Company Operator Good day. And thank you for standing by.
PRINCETON JUNCTION, N.J., July 28, 2023 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) has scheduled a conference call for Thursday, August 3, 2023 at 9:00 am Eastern Time to discuss its results for the second quarter of 2023. A press release with the second quarter results will be issued after the close of market on Wednesday, August 2, 2023.
Management Presentation to be Webcast Live at 1:45 PM ET on June 14, 2023 Management Presentation to be Webcast Live at 1:45 PM ET on June 14, 2023
Mistras Group, Inc. (NYSE:MG ) Q1 2023 Earnings Conference Call May 4, 2023 9:00 AM ET Company Participants Dennis Bertolotti - President & Chief Executive Officer Edward Prajzner - Executive Vice President & Chief Financial Officer Conference Call Participants Chris Sakai - Singular Research Mitchell Pinheiro - Sturdivant & Co. Brian Russo - Sidoti & Company Operator Thank you for joining Mistras Group's Conference Call for its First Quarter Ended March 31, 2023. My name is Jada and I'll be your event manager today.