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Mistras Group (NYSE:MG – Get Free Report) issued its earnings results on Wednesday. The technology company reported $0.07 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of $184.44 million during the quarter. Mistras Group had a positive return on equity of 3.32% and a negative net margin of 2.48%. Mistras […]
Non-destructive ultrasonic testing services offer inspection solutions for detecting defects and anomalies in materials and structures without causing damage. These services utilize ultrasonic waves to assess the integrity and quality of components in various industries such as aerospace, manufacturing, and construction. With the emphasis on safety and quality assurance, the demand for non-destructive ultrasonic testing services is growing. Moreover, advancements in ultrasonic testing technology and regulations promoting non-destructive inspection methods drive market expansion.
Q1 2024 Revenue of $184.4 million, up 9.8% from the prior year period; highest Q1 Revenue since 2018 Q1 2024 Net Income of $1.0 million, reflecting an improvement from a net loss of $5.0 million in.