Mirion Technologies Inc

Mirion Technologies Inc (MIR) News & Events

$15.310

+0.400 (+2.61%)At close

MIR News

MIR Events

10/27 16:30

Raises FY26 Revenue Growth to 24%-25%

Raises FY26 revenue growth to 24% - 25% from 22%-24%, revenue consensus $1.14B

10/27 16:30

Mirion Reports Q3 Revenue of $277.8M, Beating Expectations

Reports Q3 revenue $277.8M, consensus $274.91M. "Third quarter results showcase quarterly orders performance, an inflection in organic revenue growth, and a doubling of year-to-date adjusted free cash flow generation," commented Mirion's Chairman and Chief Executive Officer Thomas Logan. "Orders continued to trend higher, up 62% excluding acquisitions, boosted by a 105% increase in nuclear power-related orders. Organic revenue increased 6.5% in the third quarter and we expect mid-to-high teens growth in the fourth quarter. Meanwhile, adjusted free cash flow totaled $47 million in the quarter, or $107 million year-to-date. We expect to reduce net leverage to approximately 2.6x by year-end, reflecting continued strong adjusted free cash flow."

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