Overview

* MISTRAS ( MG ) Q3 revenue grows 7%, beating analyst expectations

* Adjusted EBITDA for Q3 beats consensus, reflecting improved operational performance

* Net income for Q3 was $13.1 mln, with EPS of $0.41

Outlook

* MISTRAS ( MG ) expects full-year 2025 revenue between $716.0 mln and $720.0 mln

* Company raises full-year adjusted EBITDA guidance to $86.0 mln - $88.0 mln

Result Drivers

* INDUSTRY GROWTH - Revenue growth driven by demand in Aerospace & Defense, Industrials, Infrastructure, and Power Generation

* COST MANAGEMENT - Gross profit margin expanded by 300 basis points due to disciplined cost management and operational efficiencies

* TECHNOLOGY INVESTMENT - Advancements in organizational systems and digital tools for technicians to enhance ROI and shareholder value

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Beat $195.5 $189.94

Revenue mln mln (2

Analysts

)

Q3 Net $13.1

Income mln

Q3 Beat $30.20 $23.52

Adjusted mln mln (2

EBITDA Analysts

)

Q3 Gross 29.80%

Margin

Q3 Gross $58.20

Profit mln

Analyst Coverage

* The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the integrated oil & gas peer group is "buy."

* Wall Street's median 12-month price target for Mistras Group Inc ( MG ) is $13.00, about 26.4% above its November 4 closing price of $9.57

* The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)