NYSE$MIR
Mirion Technologies Inc · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Mirion's financial performance was announced, revealing a slight decrease in revenues and a net loss, but the company confirmed its full-year guidance.
Mirion Technologies reported a decrease in revenue for the second quarter of 2022, along with a net loss. However, the company confirmed its full year guidance, citing strong order inflow during the first half of the year.
- Revenues for the second quarter decreased 2.3% to $175.8 million, compared to $180.0 million in the same period in 2021.
- GAAP Net loss was $59.3 million in the second quarter, compared to a net loss of $54.0 million in the same period last year.
- Adjusted EBITDA was $42.6 million for the quarter, a 14.6% decrease from $49.9 million in the same period last year.
- GAAP net loss per share for the second quarter was $0.32. Adjusted earnings per share for the same period was $0.13.
Headline financials
Revenue & EPS history
Mirion · Revenue · Quarterly
$176M
Revenue by segment
Mirion · $191M total across 2 segments · Q3 2023
- Product Revenue$143M+121776159.6%74.6%
- Service Revenue$48.6M+110958804.1%25.4%
Forward guidance
Mirion confirmed its guidance for the fiscal year and 12-month period ending December 31, 2022, with organic adjusted revenue growth of 4% - 6%, adjusted EBITDA of $170 million - $180 million, adjusted EPS of $0.44 - $0.49, and adjusted free cash flow of $75 million - $95 million.
Tailwinds
- Organic adjusted revenue growth of 4% - 6%
- Adjusted EBITDA of $170 million - $180 million
- Adjusted EPS of $0.44 - $0.49
- Adjusted free cash flow of $75 million - $95 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
+0.6%
Avg return
Earnings day
+2.0%
Avg return
5 days after
+2.2%
Avg return
30 days after
55%
11 / 20 earnings
Positive
+18.3%
Q3 2025
Best reaction
-11.0%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.2% | +8.0% | -2.2% | |
| Q4 2025 | -10.2% | -4.0% | -20.3% | |
| Q3 2025 | +18.3% | +16.8% | +3.3% | |
| Q1 2025 | +1.4% | +2.1% | +22.3% | |
| Q4 2024 | +1.1% | +0.8% | -10.6% | |
| Q3 2024 | +4.7% | +3.1% | +14.6% | |
| Q2 2024 | -4.4% | -7.0% | +2.8% | |
| Q1 2024 | -7.4% | -9.4% | -1.3% | |
| Q4 2023 | +0.8% | +0.5% | -0.2% | |
| Q3 2023 | -2.5% | +19.6% | +28.3% | |
| Q2 2023 | +5.3% | +6.0% | +13.4% | |
| Q1 2023 | +4.5% | +4.0% | +1.1% | |
| Q4 2022 | +8.1% | +4.9% | -15.1% | |
| Q3 2022 | -5.1% | -25.4% | -21.0% | |
| Q2 2022 | +5.8% | +15.1% | +13.5% | |
| Q2 2021 | +5.8% | +15.1% | +13.5% | |
| Q1 2021 | -3.2% | -10.1% | +6.8% | |
| Q4 2021 | -11.0% | -1.7% | -3.1% | |
| Q3 2021 | -0.4% | +1.0% | -2.2% | |
| Q4 2020 | +0.5% | +1.0% | -0.5% | |
| Q2 2020 | — | — | — | |
| Q2 2019 | — | — | — |
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