Mirion Technologies (MIR) Jumps to All-Time High on Impressive Q3, Outlook

We recently published 10 Stocks Defying Wall Street Slump; 8 Hit Fresh Highs. Mirion Technologies, Inc. (NYSE:MIR) is one of the best-performing stocks on Thursday.

Mirion Technologies rallied to a new all-time high on Wednesday, as investors cheered its impressive earnings performance and maintained growth outlook for full year 2025.

During the trading session, Mirion Technologies, Inc. (NYSE:MIR) jumped to its highest price of $30.18 before paring gains to end the day just up by 18.10 percent at $29.75 apiece.

This followed the results of its third quarter performance, which saw the company swing to an attributable net income of $2.9 million from a $13.6 million net loss in the same period last year.

Total revenues also increased by 7.88 percent to $223.1 million from $206.8 million year-on-year.

“Mirion posted another strong quarter supported by the continued momentum in the nuclear power end-market,” said Mirion Technologies, Inc. (NYSE:MIR) Chairman and CEO Thomas Logan.

“All key financial metrics grew in the quarter, keeping us on-track for our 2025 guidance,” he noted.

For full-year 2025, Mirion Technologies, Inc. (NYSE:MIR) maintained its previous outlook for revenue growth of 7 to 9 percent; adjusted EBITDA of $223 million to $233 million; and adjusted EPS of $0.48 to $0.52.

However, it lowered its organic revenue growth to 4.5 to 6 percent from 5 to 7 percent previously.

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Disclosure: None. This article is originally published at Insider Monkey.