NYSE$MIR
Mirion Technologies Inc · Q4 2024 earnings
Q4 2024 earnings · · After market close · Investor relations
Briefing
Mirion reported record revenue, adjusted EBITDA, and EPS in Q4 2024.
Mirion achieved a 10.40% YoY revenue increase, reaching $254,300,000, with GAAP net income of $15,900,000. Adjusted EBITDA grew by 14.10% YoY, driven by strong organic growth in the Nuclear & Safety and Medical segments.
- Revenue increased by 10.40% YoY to $254,300,000.
- GAAP net income improved significantly to $15,900,000 from a $14,500,000 loss last year.
- Adjusted EPS rose to $0.17 from $0.15 YoY.
- Nuclear & Safety and Medical segments contributed to strong revenue and margin growth.
Headline financials
Revenue & EPS history
Mirion · Revenue · Quarterly
$254M
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 reaffirmed its 2025 financial guidance, expecting continued revenue growth, margin expansion, and stronger free cash flow.
Tailwinds
- Revenue growth guidance of 4.0% - 6.0%.
- Organic revenue growth projected at 5.5% - 7.5%.
- Adjusted EBITDA guidance between $215,000,000 and $230,000,000.
- Adjusted EPS expected between $0.45 and $0.50.
- Company has approximately half of expected 2025 revenue in backlog.
Headwinds
- Foreign exchange rate headwind of 190 basis points affecting revenue growth.
- Lasers business closure to impact organic revenue growth by 30 basis points.
- Foreign exchange rate expected to negatively impact adjusted EBITDA by $6,000,000.
- Uncertainty in large order potential of $300,000,000 - $400,000,000.
- Ongoing economic risks, including inflation and supply chain challenges.
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 Q4 2024
+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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