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Stock impact report

Mirion Announces Third Quarter 2024 Financial Results and Updates Full Year Guidance

Mirion Technologies, Inc. Class A (MIR) 
Company Research Source: Business Wire
Revenues for the third quarter increased 8.2% to $206.8 million, compared to $191.2 million in the same period in 2023.Net loss was $14.0 million in the third quarter, compared to a net loss of $12.9 million in the same period last year. Adjusted EBITDA was $45.7 million, a 17.8% increase from $38.8 million in the same period last year.Loss from operations margin was 0.8% in the third quarter, compared to 5.8% in the same period in 2023. Adjusted EBITDA margin was 22.1% in the third quarter, compared to 20.3% in the same period last year.GAAP net loss per share for the third quarter was $0.07, compared to $0.06 in the third quarter of 2023. Adjusted earnings per share for the quarter was $0.08, compared to $0.05 in the same period last year.The company updated its full year 2024 guidance. Total and organic revenue growth rates now expected to be 6% to 7% and 5% to 6%, respectively. Adjusted free cash flow range tightened to $65 to $75 million. Maintaining adjusted EBITDA and adjusted Show less Read more
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