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Mirion Technologies, Inc. - MIR STOCK NEWS

Welcome to our dedicated page for Mirion Technologies news (Ticker: MIR), a resource for investors and traders seeking the latest updates and insights on Mirion Technologies stock.

Mirion Technologies, Inc. (symbol: MIR) is a leading provider of radiation detection, measurement, analysis, and monitoring products and services. Mirion serves a diverse range of markets including nuclear power, medical, military, and homeland security, ensuring the safety of people, property, and the environment from nuclear and radiological hazards for over 50 years.

Headquartered in the San Francisco Bay Area, Mirion operates facilities across Europe, Asia, and North America, making it a globally recognized entity in the realm of radiation safety solutions. The company is structured into two main segments:

  • Medical Segment: This segment focuses on radiation oncology quality assurance, providing critical patient safety solutions in diagnostic imaging and radiation therapy centers. Mirion’s advanced technologies ensure precise and reliable results, significantly enhancing patient care and safety.
  • Technologies Segment: Catering to nuclear energy, defense, laboratories, scientific research, and other industrial markets, this segment represents the largest portion of the company’s revenue. Mirion's products and services in this segment are vital for accurate measurement and analysis in high-stakes environments, contributing to scientific advancements and industrial safety.

Mirion Technologies’ recent achievements include the development of cutting-edge radiation detection tools and strategic partnerships aimed at enhancing global safety standards. The company’s commitment to innovation is underscored by its continuous investment in R&D, resulting in reliable and advanced products that meet the evolving needs of its diverse clientele.

Financially, Mirion Technologies has demonstrated solid performance, with a robust revenue stream primarily driven by the Technologies segment. The company’s global presence, coupled with its specialized expertise, positions it as a critical player in the fields it serves.

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Mirion (NYSE: MIR), a global radiation detection and monitoring solutions provider, announced the completion of the redemption of its outstanding publicly traded warrants. As of May 20, 2024, Mirion redeemed the warrants at $0.10 each. Of the 18,749,779 warrants, 2,131 were exercised for cash, and 18,074,285 were exercised on a cashless basis, resulting in a total of 3,978,418 new common shares issued. The remaining 673,363 unexercised warrants were redeemed for $67,336.30. The public warrants ceased trading on the NYSE before the market opened on May 20, 2024. The private placement warrants remain unaffected and continue to be outstanding. The common shares continue to trade under the symbol 'MIR'. Additional details are available on Mirion’s Investor Relations website.

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Mirion (NYSE: MIR) announced that its CEO Thomas Logan and CFO Brian Schopfer will present at Jefferies’ 2024 Global Healthcare Conference in New York, NY. The presentation is scheduled for June 6, 2024, at 4:00 PM ET.

The event will be webcast live and accessible via Mirion's investor relations website, with an archived version available within twelve hours post-event.

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Mirion, a global provider of radiation detection solutions, is reminding investors of the redemption of its publicly traded warrants to purchase shares of Class A common stock. The deadline for exercising these warrants is May 20, 2024, with a redemption price of $0.10 per warrant. Holders must exercise their warrants by 5:00 p.m. New York City time on the Redemption Date to receive the redemption price. The fair market value for warrant exercise is determined based on the average last price per share of Common Stock for the 10 trading days ending on the third trading day prior to the redemption date.

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Mirion announced its first quarter 2024 financial results, with revenues increasing by 5.8% to $192.6 million and a net loss of $26.5 million. Adjusted EBITDA rose to $39.5 million, and the company reaffirmed its full year guidance, expecting revenue growth of 5% to 7% and adjusted EPS of $0.37-$0.42.

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Mirion, a global provider of radiation detection solutions, announced the redemption of all publicly traded warrants to purchase shares of Class A common stock at a redemption price of $0.10 per warrant. The redemption date is set for May 20, 2024, with the stock price condition already met. Warrant holders can exercise their warrants until the redemption date, either for cash or on a cashless basis. The redemption process and contact information for inquiries are provided in the press release.
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Mirion (NYSE: MIR) will release its financial results for the first quarter of 2024 on April 30, 2024, followed by a conference call on May 1, 2024, to discuss the results. Participants can access the call via phone or webcast, with replays available until May 15, 2024.
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Mirion (MIR) CEO to present at B. Riley Securities' Radiopharma Day in New York
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Mirion (MIR) CEO, Thomas Logan, to participate in SHARE Series fireside chat with Wolfe Research Analyst. Event on February 26, 2024, at 9:00 AM ET. Investors can submit questions online. Webcast live at https://www.openexchange.tv/monday-management-update-february-26th/mirion-technologies-inc-nyse-mir?category=1303. Archive available within twelve hours.
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Mirion (MIR) reported a 5.7% revenue increase to $230.4 million in Q4, with a net loss improvement of 90.1% to $15.2 million. Adjusted EBITDA rose by 8.2% to $61.0 million. The company set 2024 guidance with revenue growth of 5% to 7%, adjusted EBITDA of $193 million to $203 million, and adjusted EPS of $0.37 to $0.42.
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Mirion (MIR) CEO and CFO to present at Citi's 2024 Global Industrial Tech and Mobility Conference. Webcast details provided.
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FAQ

What is the current stock price of Mirion Technologies (MIR)?

The current stock price of Mirion Technologies (MIR) is $17.89 as of December 20, 2024.

What is the market cap of Mirion Technologies (MIR)?

The market cap of Mirion Technologies (MIR) is approximately 4.1B.

What does Mirion Technologies do?

Mirion Technologies provides radiation detection, measurement, analysis, and monitoring products and services to various markets including nuclear power, medical, military, and homeland security.

Where is Mirion Technologies headquartered?

Mirion Technologies is headquartered in the San Francisco Bay Area.

What are the main segments of Mirion Technologies?

Mirion Technologies operates through two main segments: the Medical segment and the Technologies segment.

What markets does the Technologies segment serve?

The Technologies segment serves nuclear energy, defense, laboratories, scientific research, and other industrial markets.

Which segment generates the most revenue for Mirion Technologies?

The Technologies segment generates the most revenue for Mirion Technologies.

How long has Mirion Technologies been in operation?

Mirion Technologies has been operating for over 50 years.

In which regions does Mirion Technologies have facilities?

Mirion Technologies has facilities in Europe, Asia, and North America.

What is the focus of the Medical segment?

The Medical segment focuses on radiation oncology quality assurance and patient safety solutions in diagnostic imaging and radiation therapy centers.

What recent achievements has Mirion Technologies made?

Recent achievements include developing advanced radiation detection tools and forming strategic partnerships to enhance global safety standards.

How does Mirion Technologies contribute to scientific research?

Mirion Technologies provides measurement and analysis solutions crucial for accurate and reliable results in scientific research and exploration.

Mirion Technologies, Inc.

NYSE:MIR

MIR Rankings

MIR Stock Data

4.08B
215.09M
1.09%
96.37%
1.95%
Specialty Industrial Machinery
Measuring & Controlling Devices, Nec
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United States of America
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