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MG News and Press, Mistras Group Inc From 03/08/23

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Company Name: Mistras Group Inc
Stock Symbol: MG
Market: NYSE
Website: mistrasgroup.com

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MG - Mistras Q4 results mixed, co sees FY 2023 revenue in-line

2023-03-08 16:07:09 ET Mistras press release ( NYSE: MG ): Q4 Non-GAAP EPS of $0.09 beats by $0.04 . Revenue of $168.2M (-1.7% Y/Y) misses by $0.52M . Anticipates 2023 full year revenue between $710 to $740 million. The consensus FY 2023 revenue estimate...

MG - MISTRAS Announces Fourth Quarter and Full Year 2022 Results

Significantly Improved Quarterly Operating Profit and Net Income Growth Fourth quarter Gross Profit expands 130 basis points, Operating Income increases 152% 2022 Full Year Net Income of $6.5 million, a 68% increase from the prior year Continued deleveraging, w...

MG - Magna Announces Senior Notes Offerings

AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into underwriting agreements in respect of the offering of two series of U.S. dollar denominated senior notes (“ U.S. dollar senior notes ”) ...

MG - Magna Announces CAD Senior Notes Offering

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) today announced that it has entered into an agency agreement providing for the issuance, by way of privat...

MG - Magna's SmartAccess Power Door System Hits the Market in Style

Complete power door system with first-to-market Haptronik TM motion control Market debut on Ferrari Purosangue Redefines the consumer access experience AURORA, Ontario, March 07, 2023 (GLOBE NEWSWIRE) -- Magna is revolutionizing vehicle access experiences with the launch of its ...

MG - MISTRAS Group Announces Conference Call to Discuss Fourth Quarter and 2022 Year-End Results on March 9, 2023

PRINCETON JUNCTION, N.J., March 03, 2023 (GLOBE NEWSWIRE) -- MISTRAS Group, Inc. (MG: NYSE) has scheduled a conference call for Thursday, March 9, 2023 at 9:00 am Eastern Time to discuss its results for the fourth quarter and fiscal year ended December 31, 2022. A press release with the fourth qu...

MG - Magna Announces Filing of Shelf Prospectus and Registration Statement

AURORA, Ontario, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX: MG; NYSE: MGA) (“Magna” or “we”) today announced that it has filed a short form base shelf prospectus with the Ontario Securities Commission (the "OSC") and a corresponding shelf registra...

MG - Magna Announces New Facility and Expands in Five Other Locations Across Ontario to Support New Business

Company awarded business in a strategic product required for electric vehicles Building a new battery enclosures facility in Brampton, Ontario More than 1,000 new jobs expected to be created across six locations AURORA, Ontario, Feb. 15, 2023 (GLOBE NEWSWIRE) -- Today, Magna announc...

MG - Magna Wins Battery Enclosures Business On First-Ever Chevrolet Silverado EV

Manufactured at Magna’s state-of-the-art facility in St. Clair, Michigan New Chevrolet Silverado EV business adds to existing battery enclosure production for the GMC HUMMER EV Production to start later in 2023 AURORA, Ontario, Feb. 13, 2023 (GLOBE NEWSWIRE) -- Magna announ...

MG - Magna Announces Fourth Quarter 2022 Results and 2023 Outlook

Fourth Quarter 2022 Highlights Sales increased 5% to $9.6 billion Excluding foreign currency translation sales increased 13%, compared to a global light vehicle production increase of 5% Diluted earnings per share and Adjusted diluted earnings per share decreased to $0.33 and $0.9...

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