Mirion Q2 revenue rises; co reaffirms FY 2026 guidance

Mirion Technologies

28/07/2026 21:35

Overview
Radiation detection provider's Q2 revenue rose 20% yr/yr
Adjusted EPS for Q2 rose to $0.12 from $0.11 yr/yr
Company reaffirmed full-year 2026 revenue and earnings guidance

Outlook
Mirion sees 2026 revenue growth of 22%–24%, including FX and acquisition tailwinds
Company expects 2026 organic revenue growth of 5%–7%
Mirion maintains 2026 adjusted EPS guidance at $0.48–$0.55 per share

Result Drivers
MARGIN EXPANSION - Co said Q2 performance reflected margin expansion across both operating segments
ORDER GROWTH - Co reported increased orders and backlog, including large opportunity orders captured in Q2
ACQUISITIONS IMPACT - Acquisitions of Certrec and Paragon contributed to growth and ability to capitalize on nuclear power opportunities in North America

Company press release: ID:nBw36hMSWa

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Miss*
$266.80 mln
$269.28 mln (8 Analysts)
Q2 EPS
 
$0.03
 
Q2 Net Income
 
$8.10 mln
 
Q2 EBIT
 
$17.90 mln
 
Q2 Gross Profit
 
$133.10 mln
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy"
Wall Street's median 12-month price target for Mirion Technologies Inc is $28.00, about 66.2% above its July 27 closing price of $16.85
The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 32 three months ago

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)