Why Shares of Mirion Technologies Are Soaring Today

Core Insights - Mirion Technologies is expected to close with gains today, contrasting with the likely declines of the Dow Jones Industrial Average and S&P 500 [1] - As of 1:46 p.m. ET, shares of Mirion Technologies increased by 17.1% [2] Financial Performance - For Q3 2025, Mirion reported revenue of $223.1 million and adjusted earnings per share (EPS) of $0.12, surpassing analysts' expectations of $222.2 million in revenue and $0.10 in EPS [4] - The company's Q3 2025 revenue showed a year-over-year increase of 7.3%, while adjusted EPS reflected a 50% increase compared to the same period in 2024 [5] Future Guidance - Management reaffirmed its 2025 financial guidance, projecting revenue growth of 7% to 9% year-over-year and adjusted EBITDA between $223 million and $233 million, indicating a potential 12% year-over-year increase at the midpoint [6] Market Position - The acquisition of Paragon positions Mirion favorably within the small modular reactor (SMR) market, providing exposure without the associated risks of investing in SMR companies like NuScale Power and Oklo [7][9]