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Mistras: 1Q Earnings Snapshot

PRINCETON JUNCTION, N.J. (AP) _ Mistras Group Inc. (MG) on Monday reported a loss of $98.5 million in its first quarter.

The Princeton Junction, New Jersey-based company said it had a loss of $3.40 per share. Losses, adjusted for asset impairment costs, came to 24 cents per share.

The engineering services company posted revenue of $159.5 million in the period.

In the final minutes of trading on Monday, the company's shares hit $3.83. A year ago, they were trading at $14.12.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MG at https://www.zacks.com/ap/MG