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Hot Stocks
Mistras sees Q2 adjusted EBITDA expansion at greater rate » 16:19
05/05/21
05/05
16:19
05/05/21
16:19
MG

Mistras

$11.71 /

-0.05 (-0.43%)

The Company's…

The Company's business has been recovering over the past three quarters, from the low experienced in the second quarter of 2020, when the effect of COVID-19 was most impactful to its financial results. Although energy prices and demand are currently stable, the ongoing COVID-19 pandemic continues to impact the Company's two largest markets, Oil & Gas and Aerospace. Despite this adverse and ongoing impact, the Company expects annual revenue for 2021 to be higher than in 2020. In addition to the restoration of top line growth, the Company anticipates that its ongoing disciplined expense management will enable it to leverage this revenue growth into significantly improved bottom line performance over the remainder of 2021. The Company anticipates that its quarterly revenue will reflect year-on-year improvement commencing in the second quarter of 2021, with revenue expected to increase as much as in the low to mid-thirty percent range, over the second quarter of 2020. The Company also anticipates that Adjusted EBITDA will expand at a much greater rate in the second quarter of 2021 than it had in the first quarter of 2021, given the significantly higher level of operating leverage that would accompany the expected revenue growth.

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MG Mistras
$11.71 /

-0.05 (-0.43%)

MG Mistras
$11.71 /

-0.05 (-0.43%)

07/10/20 Sidoti
Mistras re-initiated with a Buy at Sidoti
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
MG Mistras
$11.71 /

-0.05 (-0.43%)

MG Mistras
$11.71 /

-0.05 (-0.43%)

Earnings
Mistras reports Q1 EPS (14c), consensus (13c) » 16:18
05/05/21
05/05
16:18
05/05/21
16:18
MG

Mistras

$11.71 /

-0.05 (-0.43%)

Reports Q1 revenue…

Reports Q1 revenue $153.8M, consensus $151.99M .For the first quarter of 2021, consolidated revenue was $153.8 million compared to $159.5 million in the prior year period, a decrease of 3.6%, which was consistent with the Company's outlook. Revenues in the Energy markets (Oil and Gas and Power Generation) improved modestly from a year ago, despite COVID-19 related headwinds for the entire current quarter, in contrast to only a partial-month impact in the prior year period, as well as the previously disclosed disruption caused by severe weather in the Gulf. Other Process Industries and Infrastructure markets were also all up over the prior year. This stability across a majority of markets was offset by weakness in the commercial Aerospace market as well as in the Industrial/Manufacturing market.After expanding by over 100 basis points in each of the last three years, gross profit margin expansion continued into 2021. First quarter consolidated gross profit margin expanded 50 basis points to 26.0%, reflecting continuing productivity and efficiency improvements. For the first quarter of 2021, the Company reported a net loss of $5.4 million or $0.18 per share, with adjusted EBITDA of $7.0 million, up 30.2% from $5.4 year million in the year ago quarter.

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MG Mistras
$11.71 /

-0.05 (-0.43%)

MG Mistras
$11.71 /

-0.05 (-0.43%)

07/10/20 Sidoti
Mistras re-initiated with a Buy at Sidoti
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
MG Mistras
$11.71 /

-0.05 (-0.43%)

MG Mistras
$11.71 /

-0.05 (-0.43%)

Over a week ago
Conference/Events
Mistras management to meet virtually with Sidoti » 04:55
04/21/21
04/21
04:55
04/21/21
04:55
MG

Mistras

$10.46 /

-0.54 (-4.91%)

Virtual Meeting to be…

Virtual Meeting to be held on April 21 hosted by Sidoti.

ShowHide Related Items >><<
MG Mistras
$10.46 /

-0.54 (-4.91%)

MG Mistras
$10.46 /

-0.54 (-4.91%)

07/10/20 Sidoti
Mistras re-initiated with a Buy at Sidoti
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
MG Mistras
$10.46 /

-0.54 (-4.91%)

MG Mistras
$10.46 /

-0.54 (-4.91%)

Conference/Events
Mistras management to meet virtually with Sidoti » 09:40
04/20/21
04/20
09:40
04/20/21
09:40
MG

Mistras

$10.99 /

-0.01 (-0.09%)

Virtual Meeting to be…

Virtual Meeting to be held on April 21 hosted by Sidoti.

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MG Mistras
$10.99 /

-0.01 (-0.09%)

MG Mistras
$10.99 /

-0.01 (-0.09%)

07/10/20 Sidoti
Mistras re-initiated with a Buy at Sidoti
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
MG Mistras
$10.99 /

-0.01 (-0.09%)

MG Mistras
$10.99 /

-0.01 (-0.09%)

Over a month ago
Hot Stocks
Mistras rises 19.5% » 12:00
03/17/21
03/17
12:00
03/17/21
12:00
MG

Mistras

$12.38 /

+2.18 (+21.37%)

Mistras is up 19.5%, or…

Mistras is up 19.5%, or $2.03 to $12.43.

ShowHide Related Items >><<
MG Mistras
$12.38 /

+2.18 (+21.37%)

MG Mistras
$12.38 /

+2.18 (+21.37%)

07/10/20 Sidoti
Mistras re-initiated with a Buy at Sidoti
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
MG Mistras
$12.38 /

+2.18 (+21.37%)

MG Mistras
$12.38 /

+2.18 (+21.37%)

Hot Stocks
Mistras rises 10.6% » 10:00
03/17/21
03/17
10:00
03/17/21
10:00
MG

Mistras

$11.50 /

+1.3 (+12.75%)

Mistras is up 10.6%, or…

Mistras is up 10.6%, or $1.10 to $11.50.

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MG Mistras
$11.50 /

+1.3 (+12.75%)

07/10/20 Sidoti
Mistras re-initiated with a Buy at Sidoti
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
MG Mistras
$11.50 /

+1.3 (+12.75%)

MG Mistras
$11.50 /

+1.3 (+12.75%)

On The Fly
Fly Intel: Pre-market Movers » 08:53
03/17/21
03/17
08:53
03/17/21
08:53
IMTX

Immatics

$11.57 /

+0.065 (+0.57%)

, TNXP

Tonix Pharmaceuticals

$1.28 /

-0.045 (-3.41%)

, COHR

Coherent

$248.60 /

+1.18 (+0.48%)

, CRWD

Crowdstrike

$196.30 /

-4.34 (-2.16%)

, MG

Mistras

$10.37 /

-0.35 (-3.26%)

, PDD

Pinduoduo

$160.88 /

+1.84 (+1.16%)

, CTAS

Cintas

$347.64 /

-2.97 (-0.85%)

, KC

Kingsoft Cloud

$50.44 /

+0.26 (+0.52%)

, SRGA

Surgalign

$2.52 /

-0.085 (-3.27%)

, PLUG

Plug Power

$42.71 /

-3.735 (-8.04%)

Check out this morning's…

ShowHide Related Items >><<
TNXP Tonix Pharmaceuticals
$1.28 /

-0.045 (-3.41%)

SRGA Surgalign
$2.52 /

-0.085 (-3.27%)

PLUG Plug Power
$42.71 /

-3.735 (-8.04%)

PDD Pinduoduo
$160.88 /

+1.84 (+1.16%)

KC Kingsoft Cloud
$50.44 /

+0.26 (+0.52%)

IMTX Immatics
$11.57 /

+0.065 (+0.57%)

CTAS Cintas
$347.64 /

-2.97 (-0.85%)

CRWD Crowdstrike
$196.30 /

-4.34 (-2.16%)

COHR Coherent
$248.60 /

+1.18 (+0.48%)

IMTX Immatics
$11.57 /

+0.065 (+0.57%)

11/20/20 BofA
Immatics initiated with a Buy at BofA
09/21/20 Goldman Sachs
Immatics initiated with a Buy at Goldman Sachs
07/27/20
Fly Intel: Top five analyst initiations
07/27/20 SVB Leerink
SVB Leerink bullish on Immatics, initiates with an Outperform
TNXP Tonix Pharmaceuticals
$1.28 /

-0.045 (-3.41%)

02/25/21 Alliance Global Partners
Tonix price target raised to $4 from $3 at Alliance Global Partners
12/21/20 H.C. Wainwright
H.C. Wainwright reiterates Buy on Aptinyx after competitor fails in PTSD
08/20/20 Alliance Global Partners
Tonix price target raised to $3 from $2.50 at Alliance Global Partners
COHR Coherent
$248.60 /

+1.18 (+0.48%)

02/12/21 Benchmark
Benchmark maintains Buy rating on II-VI after Coherent bid
02/11/21 Benchmark
Coherent downgraded to Hold from Buy at Benchmark
02/08/21 Stifel
Coherent bid may force Lumentum to raise offer, says Stifel
02/08/21 Benchmark
Coherent deal with MKS could face regulators' scrutiny, says Benchmark
CRWD Crowdstrike
$196.30 /

-4.34 (-2.16%)

03/17/21 Jefferies
Crowdstrike FY22 revenue growth guidance 'impressive,' says Jefferies
03/17/21 Needham
Crowdstrike price target raised to $275 from $200 at Needham
03/17/21 DA Davidson
Crowdstrike price target raised to $250 from $185 at DA Davidson
03/17/21 Oppenheimer
Crowdstrike price target raised to $225 from $190 at Oppenheimer
MG Mistras
$10.37 /

-0.35 (-3.26%)

07/10/20 Sidoti
Mistras re-initiated with a Buy at Sidoti
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
PDD Pinduoduo
$160.88 /

+1.84 (+1.16%)

02/04/21 OTR Global
Pinduoduo vendors' sales growth accelerated through Q4, says OTR Global
01/27/21 Oppenheimer
Pinduoduo price target raised to $200 from $150 at Oppenheimer
01/26/21
Fly Intel: Top five analyst downgrades
01/26/21 KeyBanc
Pinduoduo downgraded to Sector Weight at KeyBanc on balanced risk/reward
CTAS Cintas
$347.64 /

-2.97 (-0.85%)

02/16/21 William Blair
Cintas upgraded to Outperform from Market Perform at William Blair
01/06/21
Fly Intel: Top five analyst upgrades
01/06/21 Morgan Stanley
Morgan Stanley upgrades 'solid compounder' Cintas to Equal Weight
01/06/21 Morgan Stanley
Cintas upgraded to Equal Weight from Underweight at Morgan Stanley
KC Kingsoft Cloud
$50.44 /

+0.26 (+0.52%)

01/05/21
Fly Intel: Top five analyst initiations
01/05/21 Jefferies
Kingsoft Cloud initiated with a Buy at Jefferies
11/03/20 CLSA
Kingsoft Cloud initiated with a Buy at CLSA
06/29/20 Goldman Sachs
Kingsoft Cloud initiated with a Buy at Goldman Sachs
SRGA Surgalign
$2.52 /

-0.085 (-3.27%)

02/03/21
Fly Intel: Top five analyst initiations
02/03/21 BTIG
Surgalign initiated with a Buy at BTIG
02/02/21 Piper Sandler
Surgalign initiated with an Overweight at Piper Sandler
11/30/20
Fly Intel: Top five analyst initiations
PLUG Plug Power
$42.71 /

-3.735 (-8.04%)

03/17/21 B. Riley
Plug Power selloff on 'accounting noise' buying opportunity, says B. Riley
03/17/21 Cowen
Plug Power shares oversold on true accounting error, says Cowen
03/17/21 Cowen
Plug Power weakness 'a unique buying opportunity,' says Cowen
03/17/21 Truist
Plug Power downgraded to Hold from Buy at Truist
TNXP Tonix Pharmaceuticals
$1.28 /

-0.045 (-3.41%)

SRGA Surgalign
$2.52 /

-0.085 (-3.27%)

PLUG Plug Power
$42.71 /

-3.735 (-8.04%)

PDD Pinduoduo
$160.88 /

+1.84 (+1.16%)

MG Mistras
$10.37 /

-0.35 (-3.26%)

KC Kingsoft Cloud
$50.44 /

+0.26 (+0.52%)

IMTX Immatics
$11.57 /

+0.065 (+0.57%)

CTAS Cintas
$347.64 /

-2.97 (-0.85%)

CRWD Crowdstrike
$196.30 /

-4.34 (-2.16%)

COHR Coherent
$248.60 /

+1.18 (+0.48%)

  • 27
    Jan
  • 28
    Jan
  • 18
    Nov
  • 17
    Nov
  • 24
    Sep
  • 12
    Aug
  • 26
    Jun
  • 08
    May
PLUG Plug Power
$42.71 /

-3.735 (-8.04%)

PDD Pinduoduo
$160.88 /

+1.84 (+1.16%)

CRWD Crowdstrike
$196.30 /

-4.34 (-2.16%)

COHR Coherent
$248.60 /

+1.18 (+0.48%)

TNXP Tonix Pharmaceuticals
$1.28 /

-0.045 (-3.41%)

PLUG Plug Power
$42.71 /

-3.735 (-8.04%)

PDD Pinduoduo
$160.88 /

+1.84 (+1.16%)

KC Kingsoft Cloud
$50.44 /

+0.26 (+0.52%)

CTAS Cintas
$347.64 /

-2.97 (-0.85%)

CRWD Crowdstrike
$196.30 /

-4.34 (-2.16%)

COHR Coherent
$248.60 /

+1.18 (+0.48%)

PLUG Plug Power
$42.71 /

-3.735 (-8.04%)

PDD Pinduoduo
$160.88 /

+1.84 (+1.16%)

KC Kingsoft Cloud
$50.44 /

+0.26 (+0.52%)

CRWD Crowdstrike
$196.30 /

-4.34 (-2.16%)

On The Fly
Fly Intel: After-Hours Movers » 19:00
03/16/21
03/16
19:00
03/16/21
19:00
CRWD

Crowdstrike

$196.30 /

-4.34 (-2.16%)

, MG

Mistras

$10.37 /

-0.35 (-3.26%)

, VEL

Velocity Financial

$8.66 /

-0.09 (-1.03%)

, COUP

Coupa Software

$272.09 /

-9.545 (-3.39%)

, LEN

Lennar

$88.74 /

-1.29 (-1.43%)

, SPCE

Virgin Galactic

$32.49 /

-2.28 (-6.56%)

, SRGA

Surgalign

$2.52 /

-0.085 (-3.27%)

, VOLT

Volt Information Sciences

$3.47 /

+0.195 (+5.95%)

, APRE

Aprea Therapeutics

$6.15 /

+0.16 (+2.67%)

, SMAR

Smartsheet

$68.74 /

+0.97 (+1.43%)

, PLUG

Plug Power

$42.71 /

-3.735 (-8.04%)

, ARRY

Array Technologies

$35.94 /

+0.62 (+1.76%)

, KODK

Eastman Kodak

$8.76 /

-0.78 (-8.18%)

 Check out this…

ShowHide Related Items >><<
VEL Velocity Financial
$8.66 /

-0.09 (-1.03%)

SRGA Surgalign
$2.52 /

-0.085 (-3.27%)

SPCE Virgin Galactic
$32.49 /

-2.28 (-6.56%)

SMAR Smartsheet
$68.74 /

+0.97 (+1.43%)

PLUG Plug Power
$42.71 /

-3.735 (-8.04%)

LEN Lennar
$88.74 /

-1.29 (-1.43%)

KODK Eastman Kodak
$8.76 /

-0.78 (-8.18%)

CRWD Crowdstrike
$196.30 /

-4.34 (-2.16%)

COUP Coupa Software
$272.09 /

-9.545 (-3.39%)

ARRY Array Technologies
$35.94 /

+0.62 (+1.76%)

APRE Aprea Therapeutics
$6.15 /

+0.16 (+2.67%)

CRWD Crowdstrike
$196.30 /

-4.34 (-2.16%)

03/16/21 Jefferies
Jefferies sees 'beat and raise' Q4 report coming from Crowdstrike
03/15/21 Credit Suisse
Crowdstrike assumed with a Neutral at Credit Suisse
03/02/21 OTR Global
Crowdstrike 'dominated' in endpoint security in Q4, says OTR Global
02/22/21 JMP Securities
Crowdstrike price target raised to $295 from $180 at JMP Securities
MG Mistras
$10.37 /

-0.35 (-3.26%)

07/10/20 Sidoti
Mistras re-initiated with a Buy at Sidoti
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
VEL Velocity Financial
$8.66 /

-0.09 (-1.03%)

02/22/21 Citi
Velocity Financial price target raised to $10 from $7 at Citi
08/13/20 JMP Securities
Velocity Financial price target lowered to $7 from $12 at JMP Securities
04/20/20 Raymond James
Velocity Financial price target lowered to $4.50 from $17 at Raymond James
04/15/20 Citi
Velocity Financial price target lowered to $6 from $18 at Citi
COUP Coupa Software
$272.09 /

-9.545 (-3.39%)

03/08/21
Fly Intel: Top five analyst upgrades
03/08/21 Morgan Stanley
Software industry rating raised to Attractive from In-Line at Morgan Stanley
03/08/21 Goldman Sachs
Coupa Software upgraded to Conviction Buy from Buy at Goldman Sachs
03/08/21 Citi
Coupa Software price target lowered to $325 from $357 at Citi
LEN Lennar
$88.74 /

-1.29 (-1.43%)

03/16/21 Wolfe Research
Lennar initiated with an Outperform at Wolfe Research
03/12/21
Fly Intel: Top five analyst downgrades
03/12/21 RBC Capital
Lennar downgraded to Sector Perform from Outperform at RBC Capital
03/12/21 RBC Capital
Lennar downgraded to Sector Perform from Outperform at RBC Capital
SPCE Virgin Galactic
$32.49 /

-2.28 (-6.56%)

03/16/21 Truist
Truist starts 'uniquely positioned' Virgin Galactic at Buy with $50 price target
03/16/21 Truist
Virgin Galactic initiated with a Buy at Truist
03/03/21 BofA
Virgin Galactic price target raised to $50 from $35 at BofA
02/26/21 Alembic Global
Virgin Galactic downgraded to Neutral from Overweight at Alembic Global
SRGA Surgalign
$2.52 /

-0.085 (-3.27%)

02/03/21
Fly Intel: Top five analyst initiations
02/03/21 BTIG
Surgalign initiated with a Buy at BTIG
02/02/21 Piper Sandler
Surgalign initiated with an Overweight at Piper Sandler
11/30/20
Fly Intel: Top five analyst initiations
VOLT Volt Information Sciences
$3.47 /

+0.195 (+5.95%)

01/14/21 Sidoti
Volt Information Sciences price target raised to $5 from $4 at Sidoti
APRE Aprea Therapeutics
$6.15 /

+0.16 (+2.67%)

12/29/20
Fly Intel: Top five analyst calls
12/29/20 Baird
Aprea Therapeutics downgraded to Neutral from Outperform at Baird
12/29/20 Morgan Stanley
Aprea Therapeutics price target lowered to $6 from $34 at Morgan Stanley
12/29/20 H.C. Wainwright
Aprea Therapeutics price target lowered to $6 from $30 at H.C. Wainwright
SMAR Smartsheet
$68.74 /

+0.97 (+1.43%)

03/03/21 Citi
Smartsheet assumed with a Neutral at Citi
01/04/21 Oppenheimer
Smartsheet price target raised to $85 from $75 at Oppenheimer
12/08/20 BMO Capital
Smartsheet price target raised to $77 from $62 at BMO Capital
12/08/20 Morgan Stanley
Smartsheet price target raised to $90 from $63 at Morgan Stanley
PLUG Plug Power
$42.71 /

-3.735 (-8.04%)

03/05/21 JPMorgan
Plug Power price target lowered to $61 from $65 at JPMorgan
03/02/21
Fly Intel: Top five analyst downgrades
03/02/21 Barclays
Plug Power downgraded to Underweight from Equal Weight at Barclays
03/01/21
Fly Intel: Top five analyst upgrades
ARRY Array Technologies
$35.94 /

+0.62 (+1.76%)

03/10/21 Roth Capital
Array Technologies price target lowered to $53 from $60 at Roth Capital
03/08/21 JPMorgan
Array Technologies price target lowered to $46 from $54 at JPMorgan
02/22/21 Barclays
Array Technologies price target lowered to $46 from $52 at Barclays
02/08/21 Roth Capital
Bill could be 'meaningful positive' for solar stocks, says Roth Capital
KODK Eastman Kodak
$8.76 /

-0.78 (-8.18%)

VOLT Volt Information Sciences
$3.47 /

+0.195 (+5.95%)

VEL Velocity Financial
$8.66 /

-0.09 (-1.03%)

SRGA Surgalign
$2.52 /

-0.085 (-3.27%)

SPCE Virgin Galactic
$32.49 /

-2.28 (-6.56%)

SMAR Smartsheet
$68.74 /

+0.97 (+1.43%)

PLUG Plug Power
$42.71 /

-3.735 (-8.04%)

MG Mistras
$10.37 /

-0.35 (-3.26%)

LEN Lennar
$88.74 /

-1.29 (-1.43%)

KODK Eastman Kodak
$8.76 /

-0.78 (-8.18%)

CRWD Crowdstrike
$196.30 /

-4.34 (-2.16%)

COUP Coupa Software
$272.09 /

-9.545 (-3.39%)

ARRY Array Technologies
$35.94 /

+0.62 (+1.76%)

APRE Aprea Therapeutics
$6.15 /

+0.16 (+2.67%)

  • 27
    Jan
  • 28
    Jan
  • 03
    Dec
  • 17
    Nov
  • 03
    Nov
  • 15
    Oct
  • 12
    Aug
  • 06
    Aug
  • 26
    Jun
  • 03
    Jun
  • 20
    May
SPCE Virgin Galactic
$32.49 /

-2.28 (-6.56%)

PLUG Plug Power
$42.71 /

-3.735 (-8.04%)

KODK Eastman Kodak
$8.76 /

-0.78 (-8.18%)

CRWD Crowdstrike
$196.30 /

-4.34 (-2.16%)

SPCE Virgin Galactic
$32.49 /

-2.28 (-6.56%)

SMAR Smartsheet
$68.74 /

+0.97 (+1.43%)

PLUG Plug Power
$42.71 /

-3.735 (-8.04%)

LEN Lennar
$88.74 /

-1.29 (-1.43%)

KODK Eastman Kodak
$8.76 /

-0.78 (-8.18%)

CRWD Crowdstrike
$196.30 /

-4.34 (-2.16%)

COUP Coupa Software
$272.09 /

-9.545 (-3.39%)

ARRY Array Technologies
$35.94 /

+0.62 (+1.76%)

APRE Aprea Therapeutics
$6.15 /

+0.16 (+2.67%)

VOLT Volt Information Sciences
$3.47 /

+0.195 (+5.95%)

SPCE Virgin Galactic
$32.49 /

-2.28 (-6.56%)

PLUG Plug Power
$42.71 /

-3.735 (-8.04%)

LEN Lennar
$88.74 /

-1.29 (-1.43%)

KODK Eastman Kodak
$8.76 /

-0.78 (-8.18%)

CRWD Crowdstrike
$196.30 /

-4.34 (-2.16%)

COUP Coupa Software
$272.09 /

-9.545 (-3.39%)

ARRY Array Technologies
$35.94 /

+0.62 (+1.76%)

APRE Aprea Therapeutics
$6.15 /

+0.16 (+2.67%)

Earnings
Mistras reports Q 4 EPS 5c, consensus (2c) » 16:09
03/16/21
03/16
16:09
03/16/21
16:09
MG

Mistras

$10.24 /

-0.48 (-4.48%)

Reports Q4 revenue…

Reports Q4 revenue $160.8M, consensus $145.88M. Chief Executive Officer Dennis Bertolotti commented, "The fourth quarter was a very strong finish to what had been a very challenging year, both in terms of uncertainty in the energy markets and the impact of the COVID-19 pandemic on our domestic and international operations. As energy prices and demand began to stabilize in the latter part of 2020, offshore mechanical improved, turnarounds were extended and data services performed well, which lead to strong revenue as we finished out the year. In aerospace, our penetration of the defense and space sectors continues to increase, although the commercial aerospace market remains relatively weak, particularly in Europe. Our Products segment had a strong fourth quarter, fueled in part by an increase in infrastructure spending where our bridge sensor technology has been expanding. After declining by over one-third in the second quarter of 2020 as compared to the prior year quarter, total company revenues steadily improved over the balance of 2020, with fourth quarter revenues down just over 10% from a strong prior year quarter. Gross margins, which have been a strategic priority, were once again up in the quarter and full year, while our cost reductions made earlier in the year drove overhead costs down.

ShowHide Related Items >><<
MG Mistras
$10.24 /

-0.48 (-4.48%)

07/10/20 Sidoti
Mistras re-initiated with a Buy at Sidoti
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
05/12/20 Maxim
Mistras downgraded to Hold from Buy at Maxim
MG Mistras
$10.24 /

-0.48 (-4.48%)

Earnings
Mistras reports Q 4 EPS 5c, consensus (2c) » 16:09
03/16/21
03/16
16:09
03/16/21
16:09
MG

Mistras

$10.24 /

-0.48 (-4.48%)

Reports Q4 revenue…

Reports Q4 revenue $160.8M, consensus $145.88M. Chief Executive Officer Dennis Bertolotti commented, "The fourth quarter was a very strong finish to what had been a very challenging year, both in terms of uncertainty in the energy markets and the impact of the COVID-19 pandemic on our domestic and international operations. As energy prices and demand began to stabilize in the latter part of 2020, offshore mechanical improved, turnarounds were extended and data services performed well, which lead to strong revenue as we finished out the year. In aerospace, our penetration of the defense and space sectors continues to increase, although the commercial aerospace market remains relatively weak, particularly in Europe. Our Products segment had a strong fourth quarter, fueled in part by an increase in infrastructure spending where our bridge sensor technology has been expanding. After declining by over one-third in the second quarter of 2020 as compared to the prior year quarter, total company revenues steadily improved over the balance of 2020, with fourth quarter revenues down just over 10% from a strong prior year quarter. Gross margins, which have been a strategic priority, were once again up in the quarter and full year, while our cost reductions made earlier in the year drove overhead costs down.

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