Recap: MISTRAS Group Q1 Earnings

MISTRAS Group MG reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:01 PM.

Here's what investors need to know about the announcement.

MISTRAS Group missed estimated earnings by 140.0%, reporting an EPS of $-0.12 versus an estimate of $-0.05.

Revenue was up $6.35 million from the same period last year.

Last quarter the company beat on EPS by $0.01 which was followed by a 3.36% increase in the share price the next day.

Here's a look at MISTRAS Group's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.08	0.22	0.21	-0.1
EPS Actual	0.09	0.16	0.15	-0.2
Revenue Estimate	169.38M	187.50M	183.16M	159.58M
Revenue Actual	168.22M	178.46M	179.03M	161.66M

To track all earnings releases for MISTRAS Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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