STOCK TITAN

Mistras Group Inc. - $MG STOCK NEWS

Welcome to our dedicated page for Mistras Group news (Ticker: $MG), a resource for investors and traders seeking the latest updates and insights on Mistras Group stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Mistras Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Mistras Group's position in the market.

Rhea-AI Summary

MISTRAS Group, Inc. (MG: NYSE) will be participating in the Sidoti Micro-Cap Virtual Investor Conference on May 8-9, 2024. The company's Chairman of the Board and Interim President, along with the CFO, will be presenting at the event. The webcast will begin at 10:00 AM ET on May 9, 2024. Investors can register for the event and access the chat at the provided link. One-on-one meetings with management will also be available throughout the conference.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.27%
Tags
conferences
-
Rhea-AI Summary

MISTRAS Group, Inc. announced its first quarter 2024 results, highlighting a revenue increase of 9.8% to $184.4 million, net income improvement to $1.0 million, and adjusted EBITDA growth of 55.1%. The company continues to execute its strategic initiatives, with strong performance in Aerospace and Defense, and aims for an all-time high performance year in 2024.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.32%
Tags
-
Rhea-AI Summary

MISTRAS Group Announces Conference Call to Discuss First Quarter Results on May 2, 2024

MISTRAS Group, Inc. (MG: NYSE) has scheduled a conference call for Thursday, May 2, 2024 at 9:00 am Eastern Time to discuss its results for the first quarter of 2024. A press release with the first quarter results will be issued after the close of market on Wednesday, May 1, 2024. To listen to the live webcast of the conference call, visit the Investor Relations section of MISTRAS Group’s website at www.mistrasgroup.com. Individuals wishing to participate in the live question and answer session may pre-register at: https://register.vevent.com/register/BIebdf48d69cb04674a4848bcd372409be. Following the conference call, an archived webcast of the call will be available for one year by visiting the Investor Relations section of MISTRAS Group’s website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.47%
Tags
Rhea-AI Summary
Serve Robotics Inc. (NASDAQ: SERV) has entered into a production agreement with Magna International Inc. to scale its robot manufacturing capabilities. The agreement aims to deploy up to 2,000 robotic delivery vehicles for Uber Eats and expand geographically. Magna will manufacture Serve's robots exclusively, building on a previous licensing agreement, showcasing Serve's leadership in autonomous sidewalk delivery.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.35%
Tags
none
-
Rhea-AI Summary
MISTRAS Group, Inc. appoints Hani Hammad as Executive Vice President and Chief Transformation Officer, signaling a strategic move in the company's business transformation journey. Mr. Hammad's proven track record of value creation through the Project Phoenix EBITDA Improvement Program has identified over $47M in annual run rate EBITDA improvement opportunities. With a background in operational and financial transformations in the energy sector, Mr. Hammad is set to lead transformative changes at MISTRAS Group, ensuring sustainable value for shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
management
-
Rhea-AI Summary
MISTRAS Group, Inc. announces that Manuel N. Stamatakis and Edward Prajzner will present at the Sidoti Virtual Investor Conference on March 13, 2024. The company is a leading provider of asset protection solutions for critical infrastructure.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.37%
Tags
conferences
Rhea-AI Summary
MISTRAS Group, Inc. (MG: NYSE) reported a Q4 2023 revenue of $182.1 million, up 8.2%, with a net loss of $2.5 million. Adjusted EBITDA was $19.2 million, up 22.0%. Full Year 2023 saw revenue of $705.5 million, up 2.6%, with a net loss of $17.5 million. The company anticipates revenue between $725-$750 million and Adjusted EBITDA between $84-$89 million for 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.07%
Tags
-
Rhea-AI Summary
MISTRAS Group, Inc. (MG: NYSE) will hold a conference call on March 7, 2024, to discuss its fourth-quarter and fiscal year 2023 results. The webcast will be available on their website, with a live Q&A session. An archived webcast will be accessible for a year post the call.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
none
-
Rhea-AI Summary
MISTRAS Group, Inc. (MG: NYSE) announced that Edward J. Prajzner, Senior Executive Vice President and CFO, will be participating in the Sidoti Micro-Cap Virtual Investor Conference on January 18, 2024, at 10:45 AM ET.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.04%
Tags
conferences
Rhea-AI Summary
MISTRAS Group, Inc. (MG: NYSE) announces Edward Prajzner, Senior Executive Vice President and CFO, will present at the Sidoti Micro Cap Virtual Conference on November 16, 2023, at 10:45 AM ET. The company provides technology-enabled asset protection solutions for critical energy, industrial, and public infrastructure. To attend the presentation and register for one-on-one meetings, visit the provided links.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.68%
Tags
conferences
Mistras Group Inc.

NYSE:MG

MG Rankings

MG Stock Data

280.87M
19.73M
36%
51.08%
0.53%
Engineering Services
Professional, Scientific, and Technical Services
Link
United States of America
PRINCETON JUNCTION

About MG

mistras is a leading "one source"​ global provider of technology-enabled asset protection solutions used to evaluate the structural integrity of critical energy, industrial and public infrastructure. mission critical services and solutions are delivered globally and provide customers with asset life extension, improved productivity and profitability, compliance with government safety and environmental regulations, and enhanced risk management operational decisions. mistras uniquely combines its industry-leading products and technologies - 24/7 on-line monitoring of critical assets; mechanical integrity (mi) and non-destructive testing (ndt) services; destructive testing (dt) services; process and fixed asset engineering and consulting services; and its world class enterprise inspection data management and analysis software (pcms™) to provide comprehensive and competitive products, systems and services solutions from a single source provider.