Mistras Group, Inc. reported earnings results for the third quarter and nine months ended September 30, 2024. For the third quarter, the company reported sales was USD 182.69 million compared to USD 179.35 million a year ago. Net income was USD 6.4 million compared to net loss of USD 10.3 million a year ago. Basic earnings per share from continuing operations was USD 0.21 compared to basic loss per share from continuing operations of USD 0.34 a year ago. Diluted earnings per share from continuing operations was USD 0.2 compared to diluted loss per share from continuing operations of USD 0.34 a year ago.
For the nine months, sales was USD 556.91 million compared to USD 523.4 million a year ago. Net income was USD 13.77 million compared to net loss of USD 14.95 million a year ago. Basic earnings per share from continuing operations was USD 0.45 compared to basic loss per share from continuing operations of USD 0.49 a year ago. Diluted earnings per share from continuing operations was USD 0.44 compared to diluted loss per share from continuing operations of USD 0.49 a year ago.