Mirion Technologies Inc
For the period ended Sep 30, 2024. Filed Oct 30, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 30, 2024
MIR$19.26-1.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Unaudited Condensed Consolidated Statements of Operations
Condensed Consolidated Statements of Operations
(In millions, except per share data)
| Three Months Ended September 30, 2024 | Three Months Ended September 30, 2023 | Nine Months Ended September 30, 2024 | Nine Months Ended September 30, 2023 | |
|---|---|---|---|---|
| Revenues: | ||||
| Product | $153.2 | $142.6 | $447.3 | $421.6 |
| Service | 53.6 | 48.6 | 159.2 | 148.9 |
| Total revenues | 206.8 | 191.2 | 606.5 | 570.5 |
| Cost of revenues: | ||||
| Product | 85.8 | 84.8 | 247.0 | 243.4 |
| Service | 28.1 | 25.6 | 82.1 | 79.2 |
| Total cost of revenues | 113.9 | 110.4 | 329.1 | 322.6 |
| Gross profit | 92.9 | 80.8 | 277.4 | 247.9 |
| Operating expenses: | ||||
| Selling, general and administrative | 84.3 | 83.7 | 255.9 | 252.8 |
| Research and development | 10.2 | 7.9 | 26.9 | 23.9 |
| (Gain) loss on disposal of business | — | 0.3 | (1.2) | 6.5 |
| Total operating expenses | 94.5 | 91.9 | 281.6 | 283.2 |
| Loss from operations | (1.6) | (11.1) | (4.2) | (35.3) |
| Other expense (income): | ||||
| Interest expense | 14.1 | 15.5 | 44.7 | 46.1 |
| Interest income | (1.4) | (1.3) | (5.1) | (3.4) |
| Loss on debt extinguishment | — | — | — | 2.6 |
| Foreign currency (gain) loss, net | (0.9) | 1.5 | 0.2 | 1.0 |
| Increase (decrease) in fair value of warrant liabilities | — | (12.8) | 5.3 | 6.3 |
| Other (income) expense, net | (0.4) | (0.3) | 0.3 | (0.6) |
| Loss before income taxes | (13.0) | (13.7) | (49.6) | (87.3) |
| Loss (benefit) from income taxes | 1.0 | (0.8) | 2.9 | (3.1) |
| Net loss | (14.0) | (12.9) | (52.5) | (84.2) |
| Loss attributable to noncontrolling interests | (0.4) | (0.8) | (1.4) | (2.5) |
| Net loss attributable to Mirion Technologies, Inc. | $(13.6) | $(12.1) | $(51.1) | $(81.7) |
| Net loss per common share attributable to Mirion Technologies, Inc. — basic and diluted | $(0.07) | $(0.06) | $(0.25) | $(0.42) |
| Weighted average common shares outstanding — basic and diluted | 206.676 | 199.223 | 202.881 | 195.388 |
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