Mirion Q2 Revenue Rises 20%, Reaffirms FY 2026 Guidance Despite Slight Miss
MIR is trading near its 52-week low of $15.57 (13% above the low).
Summary
Mirion posted Q2 revenue of $266.8M, up 20% YoY, with adjusted EPS of $0.12 versus $0.11 a year ago. Revenue slightly missed the $269.28M consensus, but the company reaffirmed full-year 2026 guidance for 22-24% revenue growth and adjusted EPS of $0.48-$0.55. Margin expansion, order growth, and contributions from the Certrec and Paragon acquisitions supported the quarter. The reaffirmed outlook signals confidence despite the top-line miss, keeping the growth narrative intact. With shares trading at 28x forward earnings and a median price target of $28, the results are unlikely to shift the bullish analyst consensus.
At the time of this announcement, MIR was trading at $17.59 on NYSE in the Industrial Applications And Services sector, with a market capitalization of approximately $4.2B. The 52-week trading range was $15.57 to $30.28. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Reuters.