Mistras group announces first quarter 2021 results

Revenue in line with outlook and on track for significant improvement over remainder of fiscal 2021 continued gross margin expansion - gross profit margin up 50 basis points strong expense discipline - selling, general and administrative expenses decrease by 4.6% profitability improves - net loss decreased to $5.4 million, with adjusted ebitda up 30.2% to $7.0 million
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