PRINCETON JUNCTION, N.J. (AP) _ Mistras Group Inc. (MG) on Monday reported third-quarter net income of $3.1 million, after reporting a loss in the same period a year earlier.
On a per-share basis, the Princeton Junction, New Jersey-based company said it had profit of 11 cents. Earnings, adjusted for non-recurring costs, came to 12 cents per share.
The engineering services company posted revenue of $192.2 million in the period.
Mistras expects full-year revenue in the range of $740 million to $750 million.
Mistras shares have increased 15% since the beginning of the year. In the final minutes of trading on Monday, shares hit $16.53, a fall of 15% in the last 12 months.