Mirion Technologies Inc.'s (MIR) stock surged nearly 6% in after-hours trading on Tuesday, following the company's impressive fourth-quarter 2024 results and upbeat guidance for the full year 2025.
The radiation detection and measurement solutions provider reported record revenues of $254.3 million for Q4 2024, exceeding consensus estimates of $245.02 million. Adjusted earnings per share (EPS) came in at $0.17, surpassing expectations of $0.15. Both revenue and adjusted EPS marked year-over-year improvements.
For the full year 2025, Mirion reaffirmed its previously provided guidance, projecting revenue growth between 4.0% and 6.0%, organic revenue growth between 5.5% and 7.5%, adjusted EBITDA in the range of $215 million to $230 million, and adjusted EPS of $0.45 to $0.50 per share. The company's CEO, Thomas Logan, expressed confidence in Mirion's ability to drive continued growth, margin expansion, and increased free cash flow in 2025 and beyond.
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