Mirion Technologies, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 01, 2023 at 04:30 pm EDT
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Mirion Technologies, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 191.2 million compared to USD 160.9 million a year ago. Net loss was USD 12.1 million compared to USD 47.1 million a year ago. Basic loss per share from continuing operations was USD 0.06 compared to USD 0.26 a year ago.
For the nine months, revenue was USD 570.5 million compared to USD 499.9 million a year ago. Net loss was USD 81.7 million compared to USD 123.4 million a year ago. Basic loss per share from continuing operations was USD 0.42 compared to USD 0.68 a year ago.
Mirion Technologies, Inc. is a global provider of radiation detection, measurement, analysis and monitoring solutions to the medical, nuclear, defense, and research end markets. The Company's segments include Medical and Technologies. The Medical segment includes products and services for radiation therapy and personal dosimetry. This segment's offerings include solutions for calibrating and/or verifying imaging, treatment machine, patient treatment plan, and patient treatment accuracy; solutions for monitoring the total amount of radiation medical staff members are exposed to over time, and products for nuclear medicine in radiation measurement, shielding, product handling, medical imaging furniture and rehabilitation. The Technologies segment includes products and services for defense, nuclear energy, laboratories and research and other industrial markets. This segment's offerings include reactor safety and control systems, and radiological search, measurement and analysis systems.