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MISTRAS Group Says "Not Providing Full Year Guidance For Fiscal 2025 At This Juncture And Will Continue To Review Its Entire Portfolio With A Focus On Continuing To Grow Adjusted EBITDA And Earnings Per Share, And To Improve Margins"

Benzinga·03/05/2025 21:23:48
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2025 Outlook

The Company is not providing full year guidance for fiscal 2025 at this juncture and will continue to review its entire portfolio with a focus on continuing to grow Adjusted EBITDA and earnings per share, and to improve margins. Additionally, the US Dollar to Euro exchange rate strengthened since the Company set its budget for 2025, and this unanticipated foreign exchange translation ("FX") risk could unfavorably impact actual revenue translation in 2025. The Company believes this FX risk will be essentially neutral on Adjusted EBITDA margin and other profitability metrics. Nevertheless, the Company will be assessing this FX risk, as well as the potential impact of the recently announced U.S. foreign tariffs on its business and financial results for fiscal 2025. Once this evaluation is complete, the Company anticipates releasing guidance for fiscal 2025, with the goal of driving profitable growth.