Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Statements of Operations

v3.24.1.u1
Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues:    
Total revenues $ 192.6 $ 182.1
Cost of revenues:    
Total cost of revenues 105.5 103.0
Gross profit 87.1 79.1
Operating expenses:    
Selling, general and administrative 84.1 85.1
Research and development 7.9 7.6
Total operating expenses 92.0 92.7
Loss from operations (4.9) (13.6)
Other expense (income):    
Interest expense 15.5 16.0
Interest income (1.7) (1.1)
Loss on debt extinguishment 0.0 2.6
Foreign currency loss (gain), net 0.8 (0.3)
Increase in fair value of warrant liabilities 5.7 13.4
Other expense (income), net 0.1 (0.2)
Loss before income taxes (25.3) (44.0)
Loss (benefit) from income taxes 1.2 (1.1)
Net loss (26.5) (42.9)
Loss attributable to noncontrolling interests (0.7) (1.0)
Net loss attributable to Mirion Technologies, Inc. $ (25.8) $ (41.9)
Net loss per common share attributable to Mirion Technologies, Inc. — basic (in dollars per share) $ (0.13) $ (0.22)
Net loss per common share attributable to Mirion Technologies, Inc. — diluted (in dollars per share) $ (0.13) $ (0.22)
Weighted average common shares outstanding — basic (in shares) 199,729 187,701
Weighted average common shares outstanding — diluted (in shares) 199,729 187,701
Product    
Revenues:    
Total revenues $ 140.0 $ 132.4
Cost of revenues:    
Total cost of revenues 79.0 76.8
Service    
Revenues:    
Total revenues 52.6 49.7
Cost of revenues:    
Total cost of revenues $ 26.5 $ 26.2