Mirion Technologies Q2 Results Top Estimates; Boosts FY23 Revenue Outlook

RTTNews | il y a 802
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
Sensex, Nifty Open Lower On Weak Global Cues

Sensex, Nifty Open Lower On Weak Global Cues

Indian shares were moving lower on Monday, tracking weak cues from global markets as signs of escalation of the trade war between U.S. and China sapped investors' appetite for riskier assets.
RTTNews | il y a 9 minutes
Australian Market Maintains Early Losses In Mid-market

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintaining its early losses in mid-market trading on Monday, adding to the slight losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to the 8,900.00 level, with weakness across most sectors led by energy and technology stocks. Gold was the only bright spot.
RTTNews | il y a 1h 1min
Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Monday, following the broadly negative cues from Wall Street on Friday, amid renewed U.S.-China trade war after US President Donald Trump threatened to massively increase tariffs on China in retaliation for China's expansive export curbs on its rare earth minerals, which are essential for manufacturing and technology.
RTTNews | il y a 1h 36min
Indonesia Shares Likely To Open Under Water On Monday

Indonesia Shares Likely To Open Under Water On Monday

The Indonesia stock market has moved higher in two straight sessions, collecting more than 90 points or 1.1 percent along the way. Now at a fresh record closing high, the Jakarta Composite Index sits just beneath the 8,260-point plateau although it's overdue for profit taking on Monday.
RTTNews | il y a 3h 7min
Hong Kong Shares Tipped To Open Under Pressure On Monday

Hong Kong Shares Tipped To Open Under Pressure On Monday

The Hong Kong stock market had moved lower in five straight sessions, shedding almost 1,000 points or 3.6 percent along the way. The Hang Seng Index now sits just above the 26,290-point plateau and it may extend its slide on Monday.
RTTNews | il y a 3h 22min
China Stock Market May Take Further Damage On Monday

China Stock Market May Take Further Damage On Monday

The China stock market on Friday snapped the three-day winning streak in which it had climbed more than 100 points or 2.6 percent. The Shanghai Composite Index now rests just beneath the 3,900-point plateau and it's tipped to open in the red again on Monday.
RTTNews | il y a 3h 37min
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is notably lower on Monday, adding to the slight losses in the previous session, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling a tad below the 8,900.00 level, with weakness across most sectors led by energy and technology stocks. Gold was the only bright spot.
RTTNews | il y a 3h 39min