Mirion Technologies, Inc. (NYSE:MIR) Q3 2024 Earnings Conference Call October 30, 2024 11:00 AM ET
Company Participants
Eric Linn - Investor Relations
Thomas Logan - Chairman and Chief Executive Officer
Brian Schopfer - Chief Financial Officer
Conference Call Participants
Joe Ritchie - Goldman Sachs
Chris Moore - CJS Securities
Andrew Kaplowitz – Citigroup
Yuan Zhi - B. Riley Securities
Operator
Ladies and Gentleman, greetings and welcome to the Mirion Technologies Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.
It is now my pleasure to introduce your host, Eric Linn, Manager of Investor Relations. Please go ahead.
Eric Linn
Thank you and good morning, and welcome Mirion's Third Quarter 2024 Earnings Call. Joining me this morning are Mirion's CEO, Tom Logan and Mirion's CFO, Brian Schopfer.
Before we begin today’s, prepared remarks allow me to remind you that comments made during this call will include forward-looking statements and actual results may differ materially from those projected in the forward-looking statements.
The factors that could cause actual results to differ are discussed in our Annual Reports on Form 10-K, quarterly reports on Form 10-Q and in Mirion's other SEC filings under the caption Risk Factors.
Quarterly references within today's discussion are related to the third quarter ended September 30th, 2024. The comments made during this call will also include certain financial measures that were not prepared in accordance with generally accepted accounting principles. Reconciliation of those non-GAAP financial measures to the most directly comparable GAAP financial measures can be found in the appendix of the presentation accompanying today's call. All earnings materials can be found on our IR website at ir.mirion.com.
With that let me now turn he call over to, Tom, who will begin on Slide 3.
Thomas Logan
Thank you, Eric and good morning, everyone. I'm pleased to announce that we delivered another strong quarter consistent with expectation. $207 million of third quarter revenue was 8% higher compared to last year's third quarter. Adjusted EPS was $0.08 per share. Adjusted EBITDA was $45.7 million with 180 basis points of margin improvement compared to the year ago period. This keeps us on pace for our previously stated adjusted EBITDA and EPS full year guidance. Thank you to the Mirion team for delivering outstanding performance in the quarter.