Mistras Group Q3 Profit Down - Quick Facts

(RTTNews) - Mistras Group, Inc. (MG) Tuesday reported third-quarter profit of $1.2 million or $0.04 per share, down from $2.8 million or $0.09 per share in the same period last year.

Adjusted earnings for the quarter were $1.8 million or $0.06 per share. On average, six analysts polled by Thomson Reuters expected the company to earn $0.13 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues increased 13.5 percent to $151.7 million from $133.66 million last year. Analysts expected revenues of $142.66 million.

Looking ahead, the company now projects full-year 2014 revenues in the order of $600 million to $615 million, up from its prior guidance range of $590 million to $615 million. Analysts currently expect full-year revenues of $601.64 million.