Latest news with #ThomasLogan
Business Wire
2 days ago
- Business
- Business Wire
Mirion Technologies Unveils the Vital Platform, a Digital Ecosystem Powering Integrated Operations for Nuclear Energy and Beyond
ATLANTA--(BUSINESS WIRE)-- Mirion Technologies, a leading provider of advanced radiation safety solutions, announced the launch of the Vital Platform. This software offers a single, unified system for accessing data across nuclear power sites to work more efficiently, enhance worker safety, and solve operational challenges faster. The launch includes the platform's first application, Vital Supervision, designed to enhance radiological instrument data visibility, improve response times, and simplify oversight across critical radiological systems. The Vital Platform was developed to meet nuclear industry demands for a more connected and efficient way to manage radiological instrument data. Rather than relying on fragmented systems or manual processes, Vital enables teams to work within one streamlined environment prioritizing speed, security, and long-term adaptability. 'This digital offering represents a significant leap forward in radiation safety and management and is driven by demand for a comprehensive, transformative solution tailor-made for critical environments,' said Thomas Logan, CEO of Mirion. 'Vital is a critical enabler of advancements taking place at Mirion in our digital and physical portfolio of solutions for nuclear power and related fields.' Key benefits to customers include: Data Integration and Real Time Monitoring: Real-time tracking across systems enables faster, proactive responses. Regulatory Compliance and Reporting: Automated, standardized reporting simplifies regulatory alignment. Operational Efficiency and Cost Reduction: Streamlined workflows cut time, reduce errors, and lower costs. Security and Risk Mitigation: Access controls and cybersecurity safeguard sensitive data. Facilitating Advanced Analytics: Detailed data helps predict risks and improve decision-making. Scalability and Future Proofing: Modular design supports growth and adapts to change. Supervision: The First Vital Platform Application Vital Supervision is the first in a series of applications to be built on the Vital Platform, with the aim to unify the capabilities of siloed, standalone software into one platform. This application simplifies the collection and analysis of data from a wide variety of radiological instruments. Real-time, at-a-glance access to alarms, measurement data and instrument health significantly enhances the monitoring and management of critical equipment. The Vital Platform and Vital Supervision application will be showcased at two key upcoming industry events. A webinar presentation facilitated through Nuclear Engineering International (July 23) and Mirion's annual users' conference Mirion Connect (July 28-August 1) will offer opportunities to explore platform capabilities in depth. About Mirion Mirion is a global leader in radiation safety, science and medicine, empowering innovations that deliver vital protection while harnessing the transformative potential of ionizing radiation across a diversity of end markets. Focused on nuclear and safety, the Mirion Technologies group is committed to powering advancements in nuclear energy through proven radiation safety technologies and expertise. Dedicated to driving better patient outcomes, the Mirion Medical group is focused on improving quality in cancer care through its broad range of solutions that enhance the delivery and ensure safety across the medical landscape. Headquartered in Atlanta (GA – USA), Mirion employs approximately 2,800 people and operates in 12 countries. Learn more at
Yahoo
27-06-2025
- Business
- Yahoo
Specialized Technology Stocks Q1 Teardown: Mirion (NYSE:MIR) Vs The Rest
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how specialized technology stocks fared in Q1, starting with Mirion (NYSE:MIR). Companies in this sector, especially if they invest wisely, could see demand tailwinds as the world moves towards more IoT (Internet of Things), automation, and analytics. Enterprises across most industries will balk at taking these journeys solo and will enlist companies with expertise and scale in these areas. However, headwinds could include rising competition from larger technology firms, as digitization lowers barriers to entry in the space. Additionally, companies in the space will likely face evolving regulatory scrutiny over data privacy, particularly for surveillance and security technologies. This could make companies have to continually pivot and invest. The 8 specialized technology stocks we track reported a strong Q1. As a group, revenues beat analysts' consensus estimates by 1.3% while next quarter's revenue guidance was in line. Luckily, specialized technology stocks have performed well with share prices up 25.5% on average since the latest earnings results. With its technology protecting workers in over 130 countries and equipment used in 80% of cancer centers worldwide, Mirion Technologies (NYSE:MIR) provides radiation detection, measurement, and monitoring solutions for medical, nuclear energy, defense, and scientific research applications. Mirion reported revenues of $202 million, up 4.9% year on year. This print exceeded analysts' expectations by 0.6%. Overall, it was an exceptional quarter for the company with a solid beat of analysts' EPS estimates and an impressive beat of analysts' full-year EPS guidance estimates. 'We delivered a strong start to the year, with year-over-year revenue growth and adjusted free cash flow generation,' commented Mirion's Chairman and Chief Executive Officer Thomas Logan. Interestingly, the stock is up 38.4% since reporting and currently trades at $21.55. Is now the time to buy Mirion? Access our full analysis of the earnings results here, it's free. Originally spun off from networking equipment maker Netgear in 2018, Arlo Technologies (NYSE:ARLO) provides cloud-based smart security devices and subscription services that help consumers and businesses monitor and protect their homes, properties, and loved ones. Arlo Technologies reported revenues of $119.1 million, down 4.1% year on year, outperforming analysts' expectations by 0.6%. The business had an exceptional quarter with an impressive beat of analysts' EPS estimates. The market seems happy with the results as the stock is up 62% since reporting. It currently trades at $17.27. Is now the time to buy Arlo Technologies? Access our full analysis of the earnings results here, it's free. Taking its name from the black and white stripes of barcodes, Zebra Technologies (NASDAQ:ZBRA) provides barcode scanners, mobile computers, RFID systems, and other data capture technologies that help businesses track assets and optimize operations. Zebra reported revenues of $1.31 billion, up 11.3% year on year, exceeding analysts' expectations by 1.4%. Still, it was a slower quarter as it posted a significant miss of analysts' EPS guidance for next quarter estimates and revenue guidance for next quarter meeting analysts' expectations. Interestingly, the stock is up 27.1% since the results and currently trades at $309.50. Read our full analysis of Zebra's results here. Protecting everything from schools to government facilities since 1969, Napco Security Technologies (NASDAQ:NSSC) manufactures electronic security devices, access control systems, and communication services for intrusion and fire alarm systems. Napco reported revenues of $43.96 million, down 10.8% year on year. This result beat analysts' expectations by 1.9%. Overall, it was an exceptional quarter as it also logged a solid beat of analysts' EPS estimates. Napco had the slowest revenue growth among its peers. The stock is up 25.5% since reporting and currently trades at $29.85. Read our full, actionable report on Napco here, it's free. Born from a corporate transformation completed in 2023, Crane NXT (NYSE:CXT) provides specialized technology solutions for payment processing, banknote security, and authentication systems for financial institutions and businesses. Crane NXT reported revenues of $330.3 million, up 5.3% year on year. This number topped analysts' expectations by 3.9%. Overall, it was a very strong quarter as it also produced a solid beat of analysts' organic revenue estimates and a decent beat of analysts' EPS estimates. Crane NXT achieved the biggest analyst estimates beat among its peers. The stock is up 16.6% since reporting and currently trades at $55.58. Read our full, actionable report on Crane NXT here, it's free. In response to the Fed's rate hikes in 2022 and 2023, inflation has been gradually trending down from its post-pandemic peak, trending closer to the Fed's 2% target. Despite higher borrowing costs, the economy has avoided flashing recessionary signals. This is the much-desired soft landing that many investors hoped for. The recent rate cuts (0.5% in September and 0.25% in November 2024) have bolstered the stock market, making 2024 a strong year for equities. Donald Trump's presidential win in November sparked additional market gains, sending indices to record highs in the days following his victory. However, debates continue over possible tariffs and corporate tax adjustments, raising questions about economic stability in 2025. Want to invest in winners with rock-solid fundamentals? Check out our Hidden Gem Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13-03-2025
- Business
- Yahoo
Mirion Technologies Joins Influential Nuclear Energy Organizations to Further Bolster Nuclear Initiatives
Mirion joins the Nuclear Energy Institute, enhances membership with the American Nuclear Society as a Trustees of Nuclear partner. ATLANTA, March 13, 2025--(BUSINESS WIRE)--Mirion (NYSE: MIR), a leading provider of advanced radiation safety solutions, today announced that it has joined the Nuclear Energy Institute (NEI) and the American Nuclear Society's (ANS) Trustees of Nuclear program. Membership in the two preeminent nuclear industry and professional organizations in the United States provides Mirion Technologies with an enhanced platform to engage with industry leaders and policymakers, as well as share industry expertise, on issues of importance to the nuclear sector. NEI is the policy organization of the nuclear energy industry in the United States, representing the interests of the industry before Congress, the administration, and state and local governments. With its NEI membership, Mirion will participate in policy discussions that shape the nuclear industry and advocate for policies that support the growth of nuclear energy for the greater good of humanity. ANS is the premier international professional organization of engineers, scientists, technologists, teachers, and healthcare providers devoted to the peaceful applications of nuclear science and technology. As part of its enhanced membership in ANS, Mirion will become an ANS Trustee of Nuclear and serve on its leadership council. "As one of the only companies uniquely present across the full span of the nuclear landscape, we have an important role to play in the Nuclear Renaissance. We are thrilled to build upon our bonds with the Nuclear Energy Institute and the American Nuclear Society," said Mirion CEO Thomas Logan. "These memberships underscore our commitment to advancing the nuclear industry and continued collaboration with leading experts and organizations. We look forward to contributing to the innovative solutions and best practices that will shape the future of nuclear energy." About Mirion Mirion (NYSE: MIR) is a global leader in radiation safety, science and medicine, empowering innovations that deliver vital protection while harnessing the transformative potential of ionizing radiation across a diversity of end markets. Focused on nuclear and safety, the Mirion Technologies group is committed to powering advancements in nuclear energy through proven radiation safety technologies and expertise. Dedicated to driving better patient outcomes, the Mirion Medical group is focused on improving quality in cancer care through its broad range of solutions that enhance the delivery and ensure safety across the medical landscape. Headquartered in Atlanta (GA – USA), Mirion employs approximately 2,800 people and operates in 12 countries. Learn more at View source version on Contacts For investor inquiries: Eric Linnir@ For media inquiries: Erin Schesnymedia@
Yahoo
11-02-2025
- Business
- Yahoo
Mirion (NYSE:MIR) Delivers Strong Q4 Numbers, Stock Soars
Radiation technology company Mirion (NYSE:MIR) reported revenue ahead of Wall Street's expectations in Q4 CY2024, with sales up 10.4% year on year to $254.3 million. Its non-GAAP profit of $0.17 per share was 15.1% above analysts' consensus estimates. Is now the time to buy Mirion? Find out in our full research report. Revenue: $254.3 million vs analyst estimates of $245 million (10.4% year-on-year growth, 3.8% beat) Adjusted EPS: $0.17 vs analyst estimates of $0.15 (15.1% beat) Adjusted EBITDA: $69.6 million vs analyst estimates of $65.16 million (27.4% margin, 6.8% beat) Adjusted EPS guidance for the upcoming financial year 2025 is $0.48 at the midpoint, missing analyst estimates by 3.3% EBITDA guidance for the upcoming financial year 2025 is $222.5 million at the midpoint, below analyst estimates of $224.2 million Operating Margin: 11.4%, up from 5.8% in the same quarter last year Free Cash Flow Margin: 19.3%, down from 23.9% in the same quarter last year Market Capitalization: $3.37 billion 'We are pleased to report record 2024 performance, with good momentum continuing into 2025,' commented Mirion's Chief Executive Officer Thomas Logan. With its monitoring devices installed on spacecraft, Mirion (NYSE:MIR) offers radiation technology to government agencies, healthcare providers, and industrial companies. Measurement and inspection instrument companies may enjoy more steady demand because products such as water meters are non-discretionary and mandated for replacement at predictable intervals. In the last decade, digitization and data collection have driven innovation in the space, leading to incremental sales. But like the broader industrials sector, measurement and inspection instrument companies are at the whim of economic cycles. Interest rates, for example, can greatly impact civil, commercial, and residential construction projects that drive demand. Reviewing a company's long-term sales performance reveals insights into its quality. Any business can have short-term success, but a top-tier one grows for years. Over the last three years, Mirion grew its sales at a decent 8.8% compounded annual growth rate. Its growth was slightly above the average industrials company and shows its offerings resonate with customers. We at StockStory place the most emphasis on long-term growth, but within industrials, a stretched historical view may miss cycles, industry trends, or a company capitalizing on catalysts such as a new contract win or a successful product line. Mirion's annualized revenue growth of 9.5% over the last two years aligns with its three-year trend, suggesting its demand was stable. This quarter, Mirion reported year-on-year revenue growth of 10.4%, and its $254.3 million of revenue exceeded Wall Street's estimates by 3.8%. Looking ahead, sell-side analysts expect revenue to grow 4.4% over the next 12 months, a deceleration versus the last two years. This projection doesn't excite us and implies its products and services will see some demand headwinds. Software is eating the world and there is virtually no industry left that has been untouched by it. That drives increasing demand for tools helping software developers do their jobs, whether it be monitoring critical cloud infrastructure, integrating audio and video functionality, or ensuring smooth content streaming. Click here to access a free report on our 3 favorite stocks to play this generational megatrend. Although Mirion was profitable this quarter from an operational perspective, it's generally struggled over a longer time period. Its expensive cost structure has contributed to an average operating margin of negative 1.7% over the last five years. Unprofitable industrials companies require extra attention because they could get caught swimming naked when the tide goes out. It's hard to trust that the business can endure a full cycle. Looking at the trend in its profitability, Mirion's operating margin decreased by 7.6 percentage points over the last five years. The company's performance was poor no matter how you look at it - it shows operating expenses were rising and it couldn't pass those costs onto its customers. This quarter, Mirion generated an operating profit margin of 11.4%, up 5.6 percentage points year on year. The increase was solid, and since its operating margin rose more than its gross margin, we can infer it was recently more efficient with expenses such as marketing, R&D, and administrative overhead. Revenue trends explain a company's historical growth, but the change in earnings per share (EPS) points to the profitability of that growth – for example, a company could inflate its sales through excessive spending on advertising and promotions. Mirion's EPS grew at an unimpressive 5.3% compounded annual growth rate over the last two years, lower than its 9.5% annualized revenue growth. However, its operating margin actually expanded during this time, telling us that non-fundamental factors such as interest and taxes affected its ultimate earnings. Diving into the nuances of Mirion's earnings can give us a better understanding of its performance. A two-year view shows Mirion has diluted its shareholders, growing its share count by 16.5%. This dilution overshadowed its increased operating efficiency and has led to lower per share earnings. Taxes and interest expenses can also affect EPS but don't tell us as much about a company's fundamentals. In Q4, Mirion reported EPS at $0.17, up from $0.15 in the same quarter last year. This print easily cleared analysts' estimates, and shareholders should be content with the results. Over the next 12 months, Wall Street expects Mirion to perform poorly. Analysts forecast its full-year EPS of $0.41 will hit $0.48. We were impressed by how significantly Mirion blew past analysts' revenue expectations this quarter. We were also glad its EBITDA outperformed Wall Street's estimates. On the other hand, its full-year EBITDA guidance slightly missed. Zooming out, we think this was a good quarter with some key areas of upside. The stock traded up 6% to $17.15 immediately following the results. Indeed, Mirion had a rock-solid quarterly earnings result, but is this stock a good investment here? If you're making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here, it's free.
