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Selected Quarterly Financial Information (unaudited) | 12 Months Ended
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Dec. 31, 2023
Quarterly Financial Information Disclosure [Abstract] |
Selected Quarterly Financial Information (unaudited) | Selected Quarterly Financial Information (unaudited) The following is a summary of the quarterly results of operations for calendar years 2023, 2022, and 2021 (in thousands).
Quarter ended |  | December 31, 2023 |  | September 30, 2023 |  | June 30, 2023 |  | March 31, 2023
Revenue |  | $ | 182,073 |  |  | $ | 179,354 |  |  | $ | 176,030 |  |  | $ | 168,016 |
Gross Profit |  | 53,627 |  |  | 54,382 |  |  | 49,722 |  |  | 46,077 |
Income (loss) from operations |  | 706 |  |  | (4,682) |  |  | 3,893 |  |  | (1,830) |
Net income (loss) attributable to Mistras Group, Inc. |  | $ | (2,514) |  |  | $ | (10,298) |  |  | $ | 337 |  |  | $ | (4,986) |
Earnings (loss) per common share: |  |  |  |  |  |  |  |
Basic |  | $ | (0.08) |  |  | $ | (0.34) |  |  | $ | 0.01 |  |  | $ | (0.17) |
Diluted |  | $ | (0.08) |  |  | $ | (0.34) |  |  | $ | 0.01 |  |  | $ | (0.17) |
Quarter ended |  | December 31, 2022 |  | September 30, 2022 |  | June 30, 2022 |  | March 31, 2022
Revenue |  | $ | 168,218 |  |  | $ | 178,462 |  |  | $ | 179,031 |  |  | $ | 161,662 |
Gross Profit |  | 50,939 |  |  | 53,784 |  |  | 53,558 |  |  | 39,892 |
Income (loss) from operations |  | 5,802 |  |  | 9,114 |  |  | 9,576 |  |  | (4,698) |
Net income (loss) attributable to Mistras Group, Inc. |  | $ | 2,842 |  |  | $ | 4,373 |  |  | $ | 4,643 |  |  | $ | (5,363) |
Earnings (loss) per common share: |  |  |  |  |  |  |  |
Basic |  | $ | 0.09 |  |  | $ | 0.15 |  |  | $ | 0.15 |  |  | $ | (0.18) |
Diluted |  | $ | 0.09 |  |  | $ | 0.14 |  |  | $ | 0.15 |  |  | $ | (0.18) |
Quarter ended |  | December 31, 2021 |  | September 30, 2021 |  | June 30, 2021 |  | March 31, 2021
Revenue |  | $ | 171,163 |  |  | $ | 174,556 |  |  | $ | 177,677 |  |  | $ | 153,735 |
Gross Profit |  | 49,594 |  |  | 52,216 |  |  | 55,336 |  |  | 40,001 |
Income (loss) from operations |  | 2,306 |  |  | 9,236 |  |  | 11,374 |  |  | (4,746) |
Net income (loss) attributable to Mistras Group, Inc. |  | $ | (94) |  |  | $ | 3,380 |  |  | $ | 5,937 |  |  | $ | (5,362) |
Earnings (loss) per common share: |  |  |  |  |  |  |  |
Basic |  | $ | — |  |  | $ | 0.11 |  |  | $ | 0.20 |  |  | $ | (0.18) |
Diluted |  | $ | — |  |  | $ | 0.11 |  |  | $ | 0.20 |  |  | $ | (0.18) |

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 270 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1B -Publisher FASB -URI https://asc.fasb.org//1943274/2147482964/270-10-50-1B Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 270 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//270/tableOfContent + Details
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