Mirion Q2 revenue beats analyst estimates, raises FY guidance
I'm PortAI, I can summarize articles.
Mirion Technologies reported a 7.6% increase in Q2 revenue, surpassing analyst expectations with revenue of $222.9 million. The company raised its full-year guidance for revenue, EBITDA, free cash flow, and adjusted EPS, projecting 2025 revenue growth of 7%-9%. Adjusted EBITDA is expected to be between $223 million and $233 million, with adjusted EPS forecasted at $0.48-$0.52 per share. The company attributes its performance to favorable market dynamics in nuclear power and cancer care, successful tariff minimization, and enhancements in capital structure. Analysts maintain a "buy" rating on the stock, with a median price target of $22.00.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments