MISTRAS GROUP, INC.

(MG)
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Delayed Nyse  -  05/23 04:00:02 pm EDT
5.430 USD   +1.69%
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MISTRAS Group to Present at the Sidoti Virtual Investor Conference on June 23, 2021

06/21/2021 | 04:30pm EDT

PRINCETON JUNCTION, N.J., June 21, 2021 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) – a leading "one source" multinational provider of integrated technology-enabled asset protection solutions – announced today that Dennis Bertolotti, Chief Executive Officer, and Edward Prajzner, Chief Financial Officer, will participate in investor meetings and a fireside chat at the Sidoti Virtual Investor Conference on Wednesday, June 23, 2021 at 1:45 PM Eastern Time.

A live webcast of the presentation may be accessed via the Company's website at www.mistrasgroup.com or at https://sidoti.cventevents.com/c/calendar/5be7c6b9-8c4d-4a45-bb2e-f585a0ba031d.

One-on-one meetings will be scheduled on June 23rd and 24th. Investors interested in meeting with management should contact their Sidoti & Company representative.

About MISTRAS Group, Inc. - One Source for Asset Protection Solutions®

MISTRAS Group, Inc. (NYSE: MG) is a leading "one source" multinational provider of integrated technology-enabled asset protection solutions, helping to maximize the safety and operational uptime for civilization's most critical industrial and civil assets.

Backed by an innovative, data-driven asset protection portfolio, proprietary technologies, and decades-long legacy of industry leadership, MISTRAS leads clients in the oil and gas, aerospace and defense, renewable and nonrenewable power, civil infrastructure, and manufacturing industries towards achieving and maintaining operational excellence. By supporting these organizations that help fuel our vehicles and power our society; inspecting components that are trusted for commercial, defense, and space craft; and building real-time monitoring equipment to enable safe travel across bridges, MISTRAS helps the world at large.

MISTRAS enhances value for its clients by integrating asset protection throughout supply chains and centralizing integrity data through a suite of Industrial IoT-connected digital software and monitoring solutions. The Company's core capabilities also include non-destructive testing field and in-line inspections enhanced by advanced robotics, laboratory quality control and assurance testing, sensing technologies and NDT equipment, asset and mechanical integrity engineering services, and light mechanical maintenance and access services.

For more information about how MISTRAS helps protect civilization's critical infrastructure, visit https://www.mistrasgroup.com/.

MEDIA CONTACT:
Nestor S. Makarigakis
Group Vice-President of Marketing and Communications
+1 (609) 716-4000 | marcom@mistrasgroup.com

Forward-Looking and Cautionary Statements

Certain statements made in this press release are "forward-looking statements" about MISTRAS' financial results and estimates, products and services, business model, strategy, growth opportunities, profitability and competitive position, and other matters. These forward-looking statements generally use words such as "future," "possible," "potential," "targeted," "anticipate," "believe," "estimate," "expect," "intend," "plan," "predict," "project," "will," "may," "should," "could," "would" and other similar words and phrases. Such statements are not guarantees of future performance or results, and will not necessarily be accurate indications of the times at, or by which, such performance or results will be achieved, if at all. These statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in these statements. A list, description and discussion of these and other risks and uncertainties can be found in the "Risk Factors" section of the Company's 2019 Annual Report on Form 10-K dated March 27, 2020, as updated by our reports on Form 10-Q and Form 8-K. The forward-looking statements are made as of the date hereof, and MISTRAS undertakes no obligation to update such statements as a result of new information, future events or otherwise.


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© GlobeNewswire 2021
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Financials (USD)
Sales 2022 711 M - -
Net income 2022 12,8 M - -
Net Debt 2022 - - -
P/E ratio 2022 12,6x
Yield 2022 -
Capitalization 159 M 159 M -
Capi. / Sales 2022 0,22x
Capi. / Sales 2023 0,21x
Nbr of Employees 5 400
Free-Float 64,9%
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Number of Analysts 3
Last Close Price 5,34 $
Average target price 12,00 $
Spread / Average Target 125%
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Managers and Directors
Dennis M. Bertolotti President, Chief Executive Officer & Director
Edward J. Prajzner Chief Financial Officer, Treasurer, Executive VP
Sotirios J. Vahaviolos Chairman & Chief Executive Officer
Jonathan H. Wolk Chief Operating Officer & Senior Executive VP
Chris Smith Vice President-Compliance
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