Mirion Technologies, Inc.
29.75+4.56 (+18.1%)
Oct 29, 4:00:02 PM EDT · NYSE · MIR · USD
Key Stats
Market Cap
7.45BP/E (TTM)
595.00Basic EPS (TTM)
0.05Dividend Yield
0%Recent Filings
8-K
10-Q
Q2 FY2025 results
Mirion Technologies posted solid Q2 results, with revenues climbing 7.7% year-over-year to $222.9M, fueled by 7.6% growth in Nuclear & Safety to $141.7M and 10.9% in Medical to $81.2M, while gross margins held steady at 46.0%. Operating income swung to $9.9M from $2.3M last year, thanks to lower amortization and SG&A, though a $5.8M debt extinguishment hit tempered gains; diluted EPS landed at $0.03 on 243.1M shares, reconciling neatly without anti-dilution flags. Cash swelled to $262.6M after $48.0M in operating inflows and a $400M convertible notes issuance that refinanced $244.6M of term debt to 2032, yielding free cash flow of $30.7M (derived). The firm signed a $81M deal to buy Certrec in July, bolstering nuclear compliance tools. Yet supply chain snarls from geopolitical tensions linger as a key risk.
8-K
Mirion boosts Q2 revenue, guidance
Mirion Technologies reported Q2 2025 revenue of $222.9 million, up 7.6% from $207.1 million last year, with GAAP net income swinging to $8.5 million from a $12.0 million loss. Adjusted EBITDA rose 4.9% to $51.2 million. The company raised full-year guidance to 7.0%-9.0% revenue growth and $223-$233 million Adjusted EBITDA, fueled by nuclear power tailwinds, while announcing the Certrec acquisition to bolster nuclear services. Capital structure improved via $400 million convertible notes and Term Loan B refinancing. Tariffs pose risks, yet mitigation actions are underway.
8-K
Mirion Technologies, Inc. announces a successful refinancing of its term loans with a new $450M facility extending maturity to 2032, featuring competitive rates and no early amortization.
Mirion Technologies, Inc. has refinanced its term loans with a new $450 million tranche maturing in 2032, extending the maturity from the previous date. The new loans carry an interest rate of Term SOFR plus 2.25% or ABR plus 1.25%, with no amortization until maturity. The refinancing replaces the existing loans, which were due earlier, and includes provisions for potential future adjustments. The company maintains its revolving credit facility and other commitments unchanged.
8-K
Mirion allocates $450M term loans
Mirion Technologies allocated a $450 million tranche of replacement term loans on May 29, 2025, to refinance existing debt under its 2021 credit agreement. The new loans carry margins of 2.25% for SOFR and 1.25% for ABR, maturing in 2032, with a potential 25 basis point cut tied to upgraded credit ratings from Moody's and S&P. Closing is eyed for Q2 2025, but hinges on conditions. Refinancing locks in lower rates. Uncertainty lingers on completion.
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