Mistras (MG) - 2025 Q2 - Quarterly Results

Exhibit 99.1 • Revenue of $185.4 million, a decrease of 2.3%, yet flat giving effect to the exclusion of voluntary Laboratory consolidations • Gross profit of $53.9 million, up 5.1% or $2.6 million from $51.3 million, primarily due to an improved business mix and operating efficiencies; Gross profit margin of 29.1% as compared to 27.1%, an expansion of 200 basis points • Selling, general, and administrative ("SG&A") expenses of $39.8 million, up 10.0% or $3.6 million from $36.2 million, primarily due to for ...