Mirion Technologies Inc Stock Price, News & Analysis

Mirion (NYSE: MIR) will release third quarter 2025 financial results after market close on Tuesday, October 28, 2025. The company will host a conference call to discuss results on Wednesday, October 29, 2025 at 11:00 am ET.

Investors may join by phone at 1-877-407-9208 or 1-201-493-6784 and request the Mirion Technologies earnings call, or listen via live webcast at https://ir.mirion.com/news-events. A telephonic replay will be available until November 12, 2025 at 1-844-512-2921 or 1-412-317-6671 (access code 13756610), and an archived replay will be posted on Mirion's investor website.

Mirion Technologies (NYSE: MIR) has announced the pricing of an upsized public offering of 17,309,846 shares of Class A common stock at $21.35 per share. The offering, increased from the previously announced $350.0 million, is expected to generate net proceeds of approximately $356.2 million.

Concurrently, Mirion priced a separate offering of $325.0 million of Convertible Senior Notes due 2031, upsized from the initial $250.0 million. The company plans to use the combined proceeds to fund capped call transactions and its planned acquisition of WCI-Gigawatt Intermediate Holdco, LLC, the indirect parent of Paragon Energy Solutions, LLC.

The offerings are expected to close on September 30, 2025, with Goldman Sachs, Evercore ISI, Citigroup, Morgan Stanley, Baird, and Truist Securities serving as joint book-running managers.

Mirion Technologies (NYSE: MIR) has priced an upsized $325.0 million offering of 0.00% Convertible Senior Notes due 2031. The offering, increased from the initially announced $250.0 million, includes an option for purchasers to buy an additional $50.0 million in notes.

The notes will convert into cash, shares of Mirion's Class A common stock, or a combination thereof, at an initial conversion rate of 34.6951 shares per $1,000 principal amount (equivalent to $28.82 per share). Simultaneously, Mirion priced a public offering of 17,309,846 shares of Class A common stock at $21.35 per share.

The company plans to use the proceeds to fund the $32.9 million capped call transactions and its planned acquisition of WCI-Gigawatt Intermediate Holdco, LLC, the indirect parent of Paragon Energy Solutions, LLC.

Mirion Technologies (NYSE: MIR) has announced a proposed private placement of $250.0 million Convertible Senior Notes due 2031. The company will also grant initial purchasers an option to buy an additional $37.5 million in notes within 13 days.

Concurrently, Mirion announced a separate public offering of $350.0 million of Class A common stock, with an additional $50.0 million option for underwriters. The proceeds will fund capped call transactions and the planned acquisition of WCI-Gigawatt Intermediate Holdco, LLC, the indirect parent of Paragon Energy Solutions.

The notes will be convertible into cash, Class A common stock, or a combination thereof, with specific terms to be determined at pricing. To manage potential dilution, Mirion will enter into capped call transactions with financial institutions.

Mirion Technologies (NYSE: MIR) has announced a significant public offering of $350.0 million of Class A common stock, with an additional 30-day option for underwriters to purchase up to $50.0 million in shares. The company is simultaneously launching a concurrent convertible notes offering of $250.0 million due 2031, with an option for initial purchasers to acquire an additional $37.5 million.

The proceeds will be used to fund the acquisition of WCI-Gigawatt Intermediate Holdco, LLC (parent of Paragon Energy Solutions), cover capped call transaction costs, and support general corporate purposes. The offerings are being managed by Goldman Sachs, Evercore ISI, Citigroup, and Morgan Stanley as joint book-running managers.

Mirion Technologies (NYSE:MIR) has announced the acquisition of Paragon Energy Solutions for $585 million in cash from Windjammer Capital Investors. Paragon, a leading provider of engineered solutions for nuclear power plants and Small Modular Reactors (SMRs), is expected to generate $150 million in revenue in 2026 with 20-22% Adjusted EBITDA margins.

The strategic acquisition will expand Mirion's nuclear power solutions portfolio and is expected to be accretive to diluted EPS within the first full year post-closing. The deal is anticipated to create $10 million in annual synergies by year five. Paragon's expertise includes commercial grade dedication of nuclear parts, testing, and inspection, with its systems present in 100% of North American nuclear reactors.

Additionally, Mirion has revised its 2025 Organic Revenue growth guidance to 4.5-6.0% from the previous 5.0-7.0% due to reduced Labs & Research expectations and China-related demand.

Mirion Technologies (NYSE: MIR) has established a significant partnership with the International Atomic Energy Agency (IAEA) to enhance global radiation safety initiatives. The collaboration focuses on strengthening radiation detection and measurement capabilities at the IAEA's Terrestrial Environmental Radiochemistry (TERC) Laboratory.

As the first corporation to enter a Practical Arrangement with the IAEA TERC Laboratory, Mirion will contribute through multiple key initiatives: active collaboration on TERC Laboratory projects, training and capacity building, measurement assistance, and support of an annual intern through the "Mirion Scholarship." The company will also provide an in-kind donation of instrumentation and software for training and analysis purposes.

The partnership builds on Mirion's existing engagement with IAEA, including training representatives from over 100 Member States for the IAEA's Worldwide Proficiency Test Exercise scheme.

Mirion Technologies (NYSE: MIR) reported strong Q2 2025 financial results, with revenue increasing 7.6% to $222.9 million. The company achieved a significant turnaround with GAAP net income of $8.5 million, compared to a $12.0 million loss in Q2 2024. Adjusted EBITDA grew 4.9% to $51.2 million.

Following these results, Mirion raised its 2025 guidance, now projecting revenue growth of 7.0% - 9.0% (up from 5.0% - 7.0%) and adjusted EBITDA of $223-233 million. The company also completed strategic initiatives including a $400 million convertible notes offering, Term Loan B refinancing, and the acquisition of Certrec to expand its nuclear power services.

Mirion (NYSE: MIR) has announced the acquisition of Certrec, a leading regulatory compliance and digital integration solutions provider for the energy industry, for $81 million plus equity incentives. The deal represents a 16.9x EV/2025E EBITDA multiple.

Certrec, based in Fort Worth, TX, has been serving power-generating facilities since 1988, with its solutions currently employed by every US nuclear reactor facility and over 80 entities across North America. The company specializes in regulatory compliance management with the Nuclear Regulatory Commission (NRC) and North American Electric Reliability Corporation (NERC).

The acquisition will strengthen Mirion's Nuclear & Safety group, enhancing its digital ecosystem and expanding its offerings in the nuclear power market.