Mistras Group,Inc. (NYSE:MG) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition
On May 7, 2018, Mistras Group,Inc. (the “Company,” “we” or “us”) issued a press release announcing the financial results for our first quarter of 2018, which ended March 31, 2018. In such press release, there was a math error in the net income and earnings per diluted share ranges of our 2018 guidance expectations. The updated figures are as follows:
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Net income is expected to be between $21 million to $24 million |
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Earnings per diluted share is expected to be between $0.71 and $0.83 cents. |
This guidance is a forward looking statement and is subject to cautionary statements in the May 7, 2018 press release.
About Mistras Group,Inc. (NYSE:MG)
Mistras Group, Inc. offers asset protection solutions and is a provider of technology-enabled asset protection solutions used to evaluate the structural integrity and reliability of critical energy, industrial and public infrastructure. The Company’s segments are Services segment, which provides asset protection solutions in North America with concentration on the United States along with a Canadian services business, consisting of non-destructive testing, and inspection and engineering services that are used to evaluate structural integrity and reliability of critical energy, industrial and public infrastructure; International segment, which offers services, products and systems similar to those of its Services and Products and Systems segments to markets in Europe, the Middle East, Africa, Asia and South America, and Products and Systems segment, which designs, manufactures, sells, installs and services asset protection products and systems, including equipment and instrumentation.
