MISTRAS Q2 revenue misses estimates
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MISTRAS reported Q2 revenue of $185.4 million, missing estimates by 2.3%. Net income also fell short at $3 million, while adjusted EBITDA of $24.1 million exceeded forecasts. The company anticipates 2025 adjusted EBITDA to surpass 2024 levels but is not providing full-year guidance. MISTRAS is assessing the impact of U.S. trade policy changes and expects a reduction in accounts receivable. Analysts maintain a "strong buy" rating, with a median 12-month price target of $11.50, reflecting a potential 31.2% increase from its recent trading price of $7.91.
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