Mistras Stock Price, News & Analysis

MISTRAS Group (NYSE: MG) said that its CEO Natalia Shuman and CFO Edward Prajzner will present at Baird’s 55th Annual Global Industrial Conference on November 12, 2025 at the Ritz-Carlton in Chicago.

The management presentation begins at 4:40 PM CT on November 12, 2025, and will be webcast live. Management will also hold one-on-one meetings during the conference; requests should be routed through conference representatives. Registration for the webcast is available at the provided webcast link.

MISTRAS Group (NYSE: MG) announced a partnership with Villari to offer Villari’s globally certified wireless crack-detection sensors for steel structures on October 14, 2025.

The integration uses Villari’s passive magnetic flux leakage sensors to provide continuous, real-time detection of fatigue crack growth—claimed to identify cracks earlier than traditional NDE—and pairs that data with MISTRAS’ monitoring and analytics to reduce manual inspections, improve safety, and support proactive maintenance across wind turbines, bridges, cranes, ports, oil & gas supports, and steel manufacturing.

MISTRAS Group (NYSE: MG), a technology-enabled asset protection solutions provider, has announced a strategic partnership with Batchelor & Kimball (B&K), a mechanical & plumbing contractor, to deliver advanced inspection solutions for data centers.

MISTRAS will provide specialized inspection services including ultrasonic shearwave testing, magnetic particle testing, liquid penetrant testing, ultrasonic phased array, and computer radiographic testing for B&K's data center projects. The partnership aims to ensure data centers are built with high reliability, safety, and efficiency standards while meeting rapid growth demands.

This collaboration aligns with MISTRAS' diversification strategy into growing markets where uptime and reliability are crucial, combining B&K's mechanical expertise with MISTRAS' advanced inspection capabilities.

MISTRAS Group (NYSE:MG) has announced a strategic partnership with Bechtel to provide non-destructive testing (NDT) services for the Department of Energy's Hanford Vit Plant Project in Washington State. The project focuses on processing and vitrifying high-level radioactive waste into stable glass form for long-term storage.

MISTRAS will deliver comprehensive NDT services including Radiography, Magnetic Particle Testing, Liquid Penetrant Testing, Positive Material Identification, Ultrasonic Thickness Testing, and Leak Testing. The services will be performed by certified technicians to ensure compliance with industry standards and regulatory requirements.

The Hanford Vit Plant, one of the world's most complex environmental remediation projects, will process millions of gallons of highly radioactive liquid waste, contributing to environmental cleanup efforts at one of the largest nuclear waste sites globally.

MISTRAS Group (NYSE: MG) reported its Q2 2025 financial results, achieving record second-quarter Adjusted EBITDA of $24.1 million, up 8.9% year-over-year. Revenue decreased 2.3% to $185.4 million, while gross profit margin expanded 200 basis points to 29.1%. The company reported net income of $3.0 million, or $0.10 per diluted share.

Key financial metrics include gross profit of $53.9 million (up 5.1%), SG&A expenses of $39.8 million (up 10.0%), and net debt of $168.8 million. The company's debt leverage ratio was under 2.75x, with expectations to end fiscal 2025 below 2.50x.

Under new CEO Natalia Shuman, MISTRAS has implemented strategic initiatives including organizational restructuring, enhanced performance management, and new KPIs to improve operational efficiency. While not providing full 2025 guidance, the company expects to exceed 2024's Adjusted EBITDA performance.

MISTRAS Group (NYSE:MG) has announced it will host a conference call on Thursday, August 7, 2025, at 9:00 am Eastern Time to discuss its second quarter 2025 financial results. The company will release its Q2 earnings report after market close on Wednesday, August 6, 2025.

Investors can access the live webcast through the company's Investor Relations website, and those interested in participating in the Q&A session can pre-register through a dedicated link. An archived version of the webcast will be available for one year following the call.

MISTRAS Group (NYSE:MG) has appointed Cody Elliott as Vice President of Pipeline Data Solutions. Elliott brings 15 years of experience in the oil and gas industry and will lead the company's inline inspection (ILI) and integrity engineering services division.

In his new role, Elliott will oversee MISTRAS Pipeline Data Solutions, which provides advanced inline inspection and integrity analytics across North America. The division combines high-resolution ILI technologies, data integration, and integrity assessment services with MISTRAS' broader portfolio of non-destructive testing, GIS services, risk engineering, and asset integrity software to deliver comprehensive pipeline integrity management solutions.

MISTRAS Group (NYSE: MG) reported Q1 2025 results showing revenue of $161.6 million, down 12.4% year-over-year. The company posted a net loss of $3.2 million ($0.10 per share) compared to net income of $1.0 million in Q1 2024. Key metrics include gross profit margin improvement of 30 basis points to 25.3%, reduced SG&A expenses of $35.7 million (down 1.7%), and Adjusted EBITDA of $12.0 million (down 25.4%). The revenue decline was primarily attributed to a $16.6 million decrease in Oil & Gas market revenues and softness in the Midstream sector. Despite challenges, cash flow from operations improved to $5.6 million, up from $0.6 million year-over-year. The company's gross debt stood at $171.9 million as of March 31, 2025. Due to market uncertainties, MISTRAS is not providing full-year 2025 guidance.

MISTRAS Group (NYSE: MG) has scheduled its first quarter 2025 earnings conference call for May 8, 2025, at 9:00 am EST. The company will release its Q1 2025 financial results after market close on May 7, 2025. Investors can access the live webcast through the Investor Relations section of MISTRAS Group's website. Those interested in participating in the Q&A session can pre-register through a dedicated link. The webcast recording will be available for one year after the call on the company's website.