Mistras Group Inc. shares surged in the extended session Wednesday after the infrastructure protection services company topped Wall Street estimates for the quarter. Mistras shares jumped 16% to $16.50. The company reported fiscal first-quarter earnings of 23 cents a share on revenue of $179.9 million. Analysts surveyed by FactSet had forecast earnings of 9 cents a share on revenue of $165.6 million. The company maintained its full-year revenue guidance of $710 million to $725 million but expects profits to be at the higher end of its guidance range. Analysts surveyed by FactSet expect full-year earnings of 67 cents a share on revenue of $716.9 million.
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