Mirion Technologies CEO Sells $10.74M of Stock Amid Rising Revenue

Mirion Technologies CEO Thomas D. Logan sold 500,000 shares of the company for $10.74 million. The company provides products and services that allow customers to safely leverage the power of ionizing radiation. Mirion Technologies achieved a revenue growth rate of 7.63% in Q3 2025, outperforming its peers in the Information Technology sector. However, the company faces challenges with a low gross margin and a high P/E ratio, indicating a potential decline in earnings and a premium stock price.

Mirion Technologies (NYSE: MIR), a global provider of radiation detection, measurement, analysis, and monitoring solutions, reported robust second-quarter 2025 financial results. The company's revenue increased by 7.6% to $222.9 million, compared to $207.1 million in the same period in 2024 [2]. This growth was driven by a 7.6% total revenue increase, with a notable 4.9% increase in the Medical segment and a 1.6% increase in orders [2].

Mirion's adjusted EBITDA for the quarter was $51.2 million, a 4.9% increase from $48.8 million in the same period in 2024 [2]. The company's adjusted earnings per share (EPS) for the quarter were $0.11, compared to $0.10 in the same period in 2024 [2]. These results reflect Mirion's continued progress towards its 2025 financial targets and its ability to capture robust market dynamics.

The company's CEO, Thomas D. Logan, commented, "Our second quarter results demonstrate continued progress towards key 2025 financial targets and positively position us to capture robust market dynamics" [2]. Logan also noted that the company's strategic positioning and operating performance have improved, while successfully minimizing tariff exposure [2].

Mirion has also announced the acquisition of Certrec to expand its services and software offerings, complementing its existing nuclear power product suite and creating additional opportunities in the broader energy power markets [2]. Additionally, the company successfully completed a $400 million convertible notes offering and refinanced its Term Loan B to further optimize its capital structure [2].

Mirion has increased its 2025 total Revenue growth, Adjusted EBITDA, Adjusted Free Cash Flow, and Adjusted EPS guidance while revising Organic Revenue growth guidance for the fiscal year ending December 31, 2025 [2]. The company's guidance includes a foreign exchange rate tailwind of approximately 125 basis points and an acquisitions-related tailwind of approximately 100 basis points [2].

However, the company faces challenges with a low gross margin and a high P/E ratio, indicating a potential decline in earnings and a premium stock price. Mirion's gross margin was 11% in the second quarter of 2025, down from 12% in the same period in 2024 [1]. The company's P/E ratio is currently at a premium, reflecting investor expectations for future growth and potential risks associated with the company's operations and market conditions.

Mirion will host a conference call on August 1, 2025, to discuss its financial results. Participants can access the call by dialing 1-877-407-9208 or 1-201-493-6784 and requesting to join the Mirion Technologies, Inc. earnings call [2].

References:
[1] Mirion Technologies Second Quarter 2025 Earnings Presentation
[2] Mirion Announces Second Quarter 2025 Financial Results and Updates Full Year Guidance