Mistras Group Q2 Profit Rises, EPS Flat - Quick Facts

(RTTNews) - Mistras Group, Inc. (MG) Wednesday reported second-quarter profit of $9.3 million or $0.32 per share, up from $9.2 million or $0.32 per share in the same period last year.

On average, six analysts polled by Thomson Reuters expected the company to earn $0.29 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 13.8 percent to $156.8 million from $137.73 million last year. Analysts expected revenues of $154.99 million.

Looking ahead to the fiscal year 2014, the company has raised its revenue outlook to a range of $590 million to $615 million from its previous range of $570 million to $600 million. Analysts currently expect full-year revenues of $591.69 million.