Mistras: 2Q Earnings Snapshot

August 6, 2018

PRINCETON JUNCTION, N.J. (AP) _ Mistras Group Inc. (MG) on Monday reported second-quarter net income of $6 million.

The Princeton Junction, New Jersey-based company said it had profit of 20 cents per share. Earnings, adjusted for non-recurring costs, were 21 cents per share.

The engineering services company posted revenue of $191.8 million in the period.

Mistras expects full-year earnings to be 73 cents to 83 cents per share, with revenue in the range of $715 million to $730 million.

Mistras shares have dropped 11 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $20.80, a climb of 1 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MG at https://www.zacks.com/ap/MG

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