Mirion Technologies Q2 Results Top Estimates; Boosts FY23 Revenue Outlook

RTTNews | hace 732
Mirion Technologies Q2 Results Top Estimates; Boosts FY23 Revenue Outlook

(RTTNews) - Mirion Technologies, Inc. (MIR) reported Wednesday that net loss attributable to Mirion for the second quarter narrowed to $27.7 million or $0.14 per share from $58.6 million or $0.32 per share in the prior-year quarter.

Excluding items, adjusted earnings for the quarter were $0.08 per share, compared to $0.13 per share in the year-ago quarter.

Total revenues for the quarter grew 12.2 percent to $197.2 million from $175.8 million in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.06 per share on revenues of $190.49 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2023, the company now projects adjusted earnings in a range of $0.28 to $0.34 per share, on revenue growth of 8 to 10 percent, with organic revenue growth of 6 to 8 percent.

Previously, the company expected adjusted earnings in a range of $0.28 to $0.34 per share, on revenue growth of 6 to 9 percent, with organic revenue growth of 4 to 7 percent.

The Street is currently looking for earnings of $0.31 per share on revenues of $774.87 million for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

read more
Thai Stock Market Expected To Open In The Red Again On Monday

Thai Stock Market Expected To Open In The Red Again On Monday

The Thai stock market has moved lower in consecutive trading days, falling more than 25 points or 2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,220-point plateau and it's likely in for a rough ride again on Monday.
RTTNews | hace 14 minutos
Indonesia Bourse May Turn Lower Again On Monday

Indonesia Bourse May Turn Lower Again On Monday

The Indonesia stock market on Friday halted the two-day slide in which it had dropped almost 140 points or 1.9 percent. The Jakarta Composite Index now sits just shy of the 7,540-point plateau although it's likely to head south again on Monday.
RTTNews | hace 44 minutos
Japanese Market Sharply Lower; Down 2%

Japanese Market Sharply Lower; Down 2%

The Japanese stock market is trading sharply lower on Monday, extending the losses in the previous session, following the broadly negative cues from Wall Street on Friday, with the Nikkei 225 tumbling more than 2 percent to well below the 39,950 level, with weakness across all sectors led by exporters, automakers and financial stocks.
RTTNews | hace 45 minutos
No Help Yet For Hong Kong Stock Market

No Help Yet For Hong Kong Stock Market

The Hong Kong stock market has tracked lower in four straight sessions, dropping more than 1,050 points or 4 percent along the way. The Hang Seng Index now rests just above the 24,500-point plateau and it's expected to open in the red again on Monday.
RTTNews | hace 59 minutos
Lower Open Predicted For China Stock Market

Lower Open Predicted For China Stock Market

The China stock market has finished lower in consecutive trading days, sinking more than 55 points or 1.7 percent along the way. The Shanghai Composite Index now sits just shy of the 3,560-point plateau and the losses may accelerate on Monday.
RTTNews | hace 1h 14min
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is slightly lower on Monday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is staying just above the 8,650.00 level, with weakness in energy, financial and technology stocks partially offset by strong gains in mining stocks.
RTTNews | hace 1h 14min
Taiwan Stock Market Tipped To Open Under Pressure On Monday

Taiwan Stock Market Tipped To Open Under Pressure On Monday

The Taiwan stock market on Friday snapped the two-day winning streak in which it had gained more than 340 points or 1.9 percent. The Taiwan Stock Exchange now sits just above the 23,430-point plateau and it's expected to see continued consolidation on Monday.
RTTNews | hace 1h 44min
Singapore Shares May Take Further Damage On Monday

Singapore Shares May Take Further Damage On Monday

The Singapore stock market had finished lower in six straight sessions, surrendering almost 120 points or 2.9 percent along the way. The Straits Times Index now sits just above the 4,150-point plateau and it's expected to open under pressure again on Monday.
RTTNews | hace 2h 14min