Board Change • May 20
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 2 experienced directors. 6 highly experienced directors. Independent Director Vin Colman was the last director to join the board, commencing their role in 2025. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 09
Onterris, Inc. Provides Earnings Guidance for the Second Quarter of 2026 and Maintain Earnings Guidance for Full Year 2026 Onterris, Inc. provides earnings guidance for the second quarter of 2026 and maintain earnings guidance for full year 2026. For the period, the company expects revenue in the range of $190 million to $210 million
For the full year the company expects revenue guidance range of $840.0 million to $900.0 million is unchanged. Tillkännagivande • Apr 28
Montrose Environmental Group, Inc. to Report Q1, 2026 Results on May 06, 2026 Montrose Environmental Group, Inc. announced that they will report Q1, 2026 results After-Market on May 06, 2026 Tillkännagivande • Mar 25
Montrose Environmental Group, Inc., Annual General Meeting, May 06, 2026 Montrose Environmental Group, Inc., Annual General Meeting, May 06, 2026. Tillkännagivande • Feb 26
Montrose Environmental Group, Inc. Provides Consolidated Earnings Guidance for the Year 2026 Montrose Environmental Group, Inc. provided consolidated earnings guidance for the year 2026. The company announced an expected 2026 revenue range of $840.0 million to $900.0 million, which includes expected annual emergency response revenue of $50.0 million to $70.0 million. Expected 2026 revenue at the midpoint represents approximately 8% organic growth. Tillkännagivande • Feb 04
Montrose Environmental Group, Inc. to Report Q4, 2025 Results on Feb 25, 2026 Montrose Environmental Group, Inc. announced that they will report Q4, 2025 results After-Market on Feb 25, 2026 Tillkännagivande • Jan 20
Montrose Environmental Group, Inc. Appoints James Laws as Chief Operating Officer Montrose Environmental Group, Inc. announced the appointment of James Laws as Chief Operating Officer of the Company. James Laws, has 25 years of experience in the environmental industry. Prior to joining the Company as Chief Operating Officer, Mr. Laws served from September 2023 to January 2026 as Senior Vice President and Director of Operations for the West Environment business at AECOM, where he was responsible for a portfolio of five practices with approximately 2,500 staff members. He also served from October 2021 to August 2023 as Vice President and Director of Operations for the West Environment business at AECOM, where he was responsible for three practices with approximately 1,000 staff members, and from 2020 to September 2021 as Vice President and Director of Operations for the Air/Environmental Health and Safety Practice at AECOM, as well as the Federal Remediation Practice from April 2021 to September 2021. He was responsible for approximately 1,100 staff members between the two practices. Before joining AECOM, Mr. Laws held a number of positions with CH2M Hill with increasing levels of responsibility and seniority beginning in 2001. Mr. Laws holds a B.S. in Chemical Engineering from the University of Southern California. Tillkännagivande • Jan 07
Montrose Environmental Group, Inc. Announces Latest Innovation, the VeriPlume Capture System Montrose Environmental Group, Inc. is leading the way with breakthrough technology that delivers tangible results against escalating global temperatures and ensures greater safety for technicians. The company's latest innovation, the VeriPlume Capture System™?, now patent-pending, was developed to address one of the most significant sources of methane emissions: high-volume vents. This advancement underscores Montrose's ongoing leadership in emissions reduction and its commitment to innovation that drives both environmental and operational progress. The VeriPlume Capture System®? was designed to solve a critical challenge in methane measurement: technician safety and accurate capture of emissions from vents located up to 60 feet above ground. Traditional methods often require costly man-lifts and expose technicians to unnecessary risk. VeriPlume's lightweight, carbon-fiber telescoping system enables technicians to measure emissions from the ground, enhancing safety while eliminating friction losses common in older hose-based systems to improve collection efficiency. The result? More accurate plume measurement, faster deployment and cost savings for clients. This innovation helps oil and gas operators comply with EPA OOOO-b regulations, which mandate repairs for vents emitting excessive gas--a source of emissions consistently larger than fugitive leaks. Montrose has 31 patents and multiple trademarks along with a growing portfolio of technologies, including the patent-pending VeriPlume Capture system, which tackle some of the world's toughest environmental challenges. Among these are: SORBIX™? RePURE - A regenerable ion-exchange resin system that removes harmful per- and polyfluoroalkyl substances (PFAS) from water more efficiently than traditional single-use media. Unlike older methods that generate large volumes of waste and require frequent replacement, SORBIX™? rePURE enables in-place regeneration, dramatically reducing waste (up to 80%), lowering lifecycle costs and improving sustainability across municipal, industrial and groundwater applications. Super Loaders™? contain specialized media to adsorb PFAS, maximize media capacity and minimize waste volume. Industrial VOC Abatement - A sustainable system for removing hydrocarbons from contaminated vapors at petroleum refineries, chemical production facilities and other industrial sites. The technology uses synthetic media to remove the hydrocarbons, then regenerates the media automatically in place using plant steam. This process reduces operational interruptions, logistical complexities and potential operator error during media changeout. An innovative vapor cooling system further boosts contaminant removal efficiency, cutting waste and lowering operating costs. These innovations reflect Montrose's commitment to practical, science-driven solutions that safeguard health and the environment. Tillkännagivande • Nov 05
Montrose Environmental Group, Inc. Increases Earnings Guidance for the Full Year 2025 Montrose Environmental Group, Inc. increased earnings guidance for the full year 2025. For the second consecutive quarter, the Company announced an increase in expected full-year 2025 revenue to a range of $810.0 million to $830.0 million. Tillkännagivande • Oct 14
Montrose Environmental Group, Inc. to Report Q3, 2025 Results on Nov 04, 2025 Montrose Environmental Group, Inc. announced that they will report Q3, 2025 results After-Market on Nov 04, 2025 Tillkännagivande • Sep 09
Montrose Environmental Group, Inc. Leads Industry Readiness with over 30 Projects Ahead of Impending HON MACT Rule Montrose Environmental Group, Inc. is on a mission to help protect the air we breathe, the water we drink, and the soil that feeds to enhance environmental sustainability while supporting economic development. The company is currently engaged in more than 30 projects nationwide to help chemical manufacturers prepare for the upcoming Hazardous Organic NESHAP Maximum Achievable Control Technology (HON MACT) regulation. These efforts span emissions testing, compliance strategy, and monitoring implementation--all designed to support facilities facing deadlines that begin in mid-2026. With less than a year remaining, Montrose is helping clients navigate complex requirements and avoid costly delays. The HON MACT rule, finalized by the U.S. Environmental Protection Agency in 2024, targets hazardous air pollution emitted by synthetic organic chemical manufacturing and polymer and resin facilities. The regulation introduces stricter controls on ethylene oxide (EtO), chloroprene, and other air toxics, with the goal of reducing community-wide cancer risks by up to 96%. Key compliance deadlines include July 15, 2026, for fenceline monitoring and EtO control requirements, and July 15, 2027, for corrective actions and broader equipment upgrades. Montrose offers a full suite of end-to-end emissions and air testing capabilities, including fenceline monitoring with both real-time and integrated sampling solutions, stack testing, ambient air quality monitoring, leak detection and repair (LDAR), flare efficiency assessments, and compliance program development--supported by the only accredited laboratory in the nation company team of scientists and engineers works closely with clients to deliver tailored solutions that meet regulatory requirements and operational goals. Tillkännagivande • Aug 07
Montrose Environmental Group, Inc. Revises Earnings Guidance for the Year 2025 Montrose Environmental Group, Inc. revised earnings guidance for the year 2025. For the year, the company increased expected revenue to a range of $795.0 million to $835.0 million, representing 17% growth at the midpoint compared to full-year 2024. Tillkännagivande • Jul 25
Montrose Environmental Group, Inc. to Report Q2, 2025 Results on Aug 06, 2025 Montrose Environmental Group, Inc. announced that they will report Q2, 2025 results After-Market on Aug 06, 2025 Tillkännagivande • May 09
Montrose Environmental Group, Inc. (NYSE:MEG) announces an Equity Buyback for $40 million worth of its shares. Montrose Environmental Group, Inc. (NYSE:MEG) announces a share repurchase program. Under the program, the company will repurchase up to $40 million worth of its shares. The repurchase program does not have a set expiration date. Tillkännagivande • May 08
Montrose Environmental Group, Inc. Reaffirms Revenue Guidance for Year 2025 Montrose Environmental Group, Inc. reaffirmed revenue guidance for year 2025. For the year company reaffirmed its expected 2025 revenue range of $735.0 million to $785.0 million. Consistent with reaffirming revenue guidance, the Company also reiterated long term organic revenue growth expectations of 7% to 9% per year. Tillkännagivande • May 06
Montrose Environmental Group Protects Local Communities by Removing Forever Chemicals from Landfills and Local Sites Montrose Environmental Group's innovative PFAS treatment solutions have been deployed at Smith Creek Landfill in St. Clair County, Michigan and West Deptford Township, New Jersey. A leader in environmental solutions, Montrose is exhibiting at Waste Expo 2025 (Booth 3556) with three experts speaking on panels to discuss the challenges landfills face with addressing emerging contaminants. PFAS, commonly known as "forever chemicals," are a growing concern in landfills across the country. These persistent pollutants accumulate in landfill leachate, creating a major challenge for waste management facilities that must meet stringent environmental regulations. Traditional treatment methods often fail to effectively remove PFAS, leading to contamination risks in nearby water sources. Montrose is at the forefront of addressing this issue, offering proven, field-tested PFAS treatment solutions that help landfills manage their leachate safely and effectively while ensuring compliance with evolving regulations. Tillkännagivande • Apr 22
Montrose Environmental Group, Inc. to Report Q1, 2025 Results on May 07, 2025 Montrose Environmental Group, Inc. announced that they will report Q1, 2025 results After-Market on May 07, 2025 Tillkännagivande • Mar 10
Montrose Environmental Group, Inc., Annual General Meeting, May 06, 2025 Montrose Environmental Group, Inc., Annual General Meeting, May 06, 2025. Tillkännagivande • Feb 27
Montrose Environmental Group, Inc. Provides Revenue Guidance for Full Year 2025 Montrose Environmental Group, Inc. provided revenue guidance for full year 2025. For the period, the Company expects revenue to be in the range of $735.0 million to $785.0 million. Tillkännagivande • Feb 21
Montrose Environmental Group Announces the Appointment of Vincent Colman to Board of Directors and Audit Committee Montrose Environmental Group, Inc. announced the appointment of Mr. Vincent Colman to its Board of Directors and Audit Committee effective February 19, 2025. Mr. Colman brings exceptional financial and accounting proficiency to the Board, which he developed at the levels during his nearly 40-year career with PricewaterhouseCoopers (PwC), working with numerous Fortune 500 listed companies. His experience provides invaluable insight regarding public company reporting matters and leadership in business strategy and development. He also brings a deep understanding of how an audit committee interacts with the Board, management and external auditors. The Board affirmatively determined that Mr. Colman is independent and an audit committee financial expert. Mr. Colman has been a frequent speaker on emerging governance, regulatory, and professional issues. He is a former member of the Center for Audit Quality Executive Committee, AICPA's Professional Practice Executive Committee, FASB's Financial Accounting Standards Advisory Council and PCAOB's Standing Advisory Group. He received his B.S. in Accounting, magna cum laude, from St. John's University. Tillkännagivande • Feb 13
Montrose Environmental Group, Inc. to Report Q4, 2024 Results on Feb 26, 2025 Montrose Environmental Group, Inc. announced that they will report Q4, 2024 results After-Market on Feb 26, 2025 Tillkännagivande • Nov 07
Montrose Environmental Group, Inc. Reaffirms Consolidated Earnings Guidance for the Full Year 2024 Montrose Environmental Group, Inc. reaffirmed consolidated earnings guidance for the full year 2024. Reaffirms full-year 2024 guidance for total revenue of $690 million to $740 million. Tillkännagivande • Oct 23
Montrose Environmental Group, Inc. to Report Q3, 2024 Results on Nov 06, 2024 Montrose Environmental Group, Inc. announced that they will report Q3, 2024 results After-Market on Nov 06, 2024 Tillkännagivande • Jul 23
Montrose Environmental Group, Inc. to Report Q2, 2024 Results on Aug 06, 2024 Montrose Environmental Group, Inc. announced that they will report Q2, 2024 results After-Market on Aug 06, 2024 Tillkännagivande • Jul 08
Montrose Environmental Group, Inc. (NYSE:MEG) acquired Spirit Environmental, LLC. Montrose Environmental Group, Inc. (NYSE:MEG) acquired Spirit Environmental, LLC on July 8, 2024. Spirit’s senior leadership team, including Founder and CEO Brad Herrin, will join Montrose’s Consulting and Engineering division. The Dunagan Law Firm, P.C. acted as legal advisor to Spirit.Montrose Environmental Group, Inc. (NYSE:MEG) completed the acquisition of Spirit Environmental, LLC on July 8, 2024. Tillkännagivande • Jun 06
Montrose Environmental Group, Inc. (NYSE:MEG) acquired Paragon Soil and Environmental Consulting Inc. Montrose Environmental Group, Inc. (NYSE:MEG) acquired Paragon Soil and Environmental Consulting Inc. on June 5, 2024. F&M Management Ltd. acted as lead M&A advisor and Birdsell Grant LLP acted as legal advisor for Paragon Soil and Environmental Consulting Inc. Paragon’s senior leadership team, including President Lee Waterman, will join Montrose’s Consulting and Engineering services within the Company’s Remediation and Reuse segment. Terms of the transaction were not disclosed.
Montrose Environmental Group, Inc. (NYSE:MEG) competed the acquisition of Paragon Soil and Environmental Consulting Inc. on June 5, 2024. Tillkännagivande • May 08
Montrose Environmental Group, Inc. Provides Earnings Guidance for the Year 2024 Montrose Environmental Group, Inc. provided earnings guidance for the year 2024. The company expects Revenue to be in the range of $690 million to $740 million. Tillkännagivande • Apr 24
Montrose Environmental Group, Inc. to Report Q1, 2024 Results on May 07, 2024 Montrose Environmental Group, Inc. announced that they will report Q1, 2024 results After-Market on May 07, 2024 Tillkännagivande • Apr 19
Montrose Environmental Group, Inc. has completed a Follow-on Equity Offering in the amount of $111.45 million. Montrose Environmental Group, Inc. has completed a Follow-on Equity Offering in the amount of $111.45 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 3,000,000
Price\Range: $37.15 Tillkännagivande • Apr 17
Montrose Environmental Group, Inc. has filed a Follow-on Equity Offering. Montrose Environmental Group, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 3,000,000 Tillkännagivande • Mar 26
Montrose Environmental Group, Inc., Annual General Meeting, May 07, 2024 Montrose Environmental Group, Inc., Annual General Meeting, May 07, 2024, at 09:00 Central Standard Time. Agenda: To elect three Class I directors to Board of Directors; to ratify the appointment of Deloitte & Touche LLP, as independent registered public accounting firm for the Company for the fiscal year ending December 31, 2024; to approve, on a non-binding and advisory basis, the compensation of named executive officers; and to approve amendments to the Company's Certificate of Incorporation to remove the 66 2/3% Supermajority Voting Requirements. Tillkännagivande • Mar 01
Montrose Environmental Group, Inc. (NYSE:MEG) acquired 100% stake in Two Dot Environmental Consulting, LLC for 0.06 million. Montrose Environmental Group, Inc. (NYSE:MEG) acquired 100% stake in Two Dot Environmental Consulting, LLC for 0.06 million on February 29, 2024. The consideration consists of cash $39,393; Common Stock worth $1,832; Deferred Common Stock worth $4,652 and Earnout of $20,000. The cash portion of these acquisitions purchase price was funded through proceeds received from the revolving credit facility.
Montrose Environmental Group, Inc. (NYSE:MEG) completed the acquisition of 100% stake in Two Dot Environmental Consulting, LLC on February 29, 2024. Tillkännagivande • Feb 29
Montrose Environmental Group, Inc. Provides Revenue Guidance for Full Year 2024 Montrose Environmental Group, Inc. provided revenue guidance for full year 2024. For the period, the Company expects revenue to be in the range of $675 million to $725 million. Tillkännagivande • Feb 21
Montrose Environmental Group, Inc. to Report Q4, 2023 Results on Feb 29, 2024 Montrose Environmental Group, Inc. announced that they will report Q4, 2023 results Pre-Market on Feb 29, 2024 Reported Earnings • Nov 09
Third quarter 2023 earnings released: US$0.39 loss per share (vs US$0.33 loss in 3Q 2022) Third quarter 2023 results: US$0.39 loss per share (further deteriorated from US$0.33 loss in 3Q 2022). Revenue: US$167.9m (up 29% from 3Q 2022). Net loss: US$11.6m (loss widened 18% from 3Q 2022). Revenue is forecast to grow 9.1% p.a. on average during the next 3 years, compared to a 4.9% growth forecast for the Commercial Services industry in Germany. Tillkännagivande • Nov 08
Montrose Environmental Group, Inc. Reiterates Earnings Guidance for Full Year 2023 Montrose Environmental Group, Inc. reiterates earnings guidance for full year 2023. For the period, the Company expects Revenue to be in the range of $590 million to $640 million. Tillkännagivande • Oct 25
Montrose Environmental Group, Inc. to Report Q3, 2023 Results on Nov 07, 2023 Montrose Environmental Group, Inc. announced that they will report Q3, 2023 results After-Market on Nov 07, 2023 Board Change • Oct 13
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Janet Field was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Sep 14
Independent Director recently bought €307k worth of stock On the 12th of September, J. Miguel de Castro bought around 10k shares on-market at roughly €30.71 per share. This transaction amounted to 7.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €1.5m more in shares than they have sold in the last 12 months. Board Change • Sep 12
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Janet Field was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Aug 10
Montrose Environmental Group, Inc. Revises Revenue Guidance for the Year 2023 Montrose Environmental Group, Inc. revised revenue guidance for the year 2023. For the year, the company expects Revenue to be in the range of $590 million to $640 million up from previously issued guidance ranges of $550 million to $600 million. Tillkännagivande • Aug 09
Montrose Environmental Group, Inc. acquired Jysk Vandrensning A/S. Montrose Environmental Group, Inc. acquired Jysk Vandrensning A/S on August 8, 2023.Montrose Environmental Group, Inc. completed the acquisition of Jysk Vandrensning A/S on August 8, 2023. Tillkännagivande • Jul 26
Montrose Environmental Group, Inc. to Report Q2, 2023 Results on Aug 08, 2023 Montrose Environmental Group, Inc. announced that they will report Q2, 2023 results After-Market on Aug 08, 2023 Tillkännagivande • Jun 02
Montrose Environmental Group, Inc. (NYSE:MEG) completed the acquisition of Matrix Solutions Inc. Montrose Environmental Group, Inc. (NYSE:MEG) agreed to acquire Matrix Solutions Inc. for CAD 65.2 million on May 3, 2023. The transaction, which is subject to, among other things, approval of Matrix shareholders and the Court of King’s Bench of Alberta, is expected to close in the second quarter of 2023. Blake, Cassels & Graydon LLP acted as legal advisor to Montrose Environmental Group, Inc. AEC Advisors LLC acted as financial advisor to Matrix Solutions Inc. Borden Ladner Gervais LLP acted as legal advisor to Matrix Solutions Inc. As of June 1, 2023, received the required support of Matrix shareholders and approval from the Court of King’s Bench of Alberta.
Montrose Environmental Group, Inc. (NYSE:MEG) completed the acquisition of Matrix Solutions Inc. on June 1, 2023. Board Change • Jun 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 3 highly experienced directors. Independent Director Janet Field was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 24
Montrose Environmental Group, Inc. Announces Global Collaboration with Thermo Fisher Scientific Inc. to Provide A Comprehensive Real-Time Ethylene Oxide Monitoring Solution Meets Recent Release U.S. Environmental Protection Agency Regulations Montrose Environmental Group, Inc. announced a global collaboration with Thermo Fisher Scientific Inc. (Thermo Fisher) to provide a comprehensive real-time ethylene oxide (EtO) monitoring solution that meets recently released U.S. Environmental Protection Agency (EPA) regulations. Ethylene oxide is a carcinogenic and mutagenic compound commonly used in the chemical industry, particularly as a sterilant for medical products and as a reaction intermediate in the production of ethylene glycol. Due to its toxicity, federal, state and local regulators require monitoring for very low levels of EtO in and around commercial sterilizers and chemical plants. The EPA has recently issued three focused proposals addressing the reduction of EtO emissions from chemical plants and commercial sterilizers, thereby reducing risk to workers, the broader community, and the environment. Working together, Montrose and Thermo Fisher offer medical device manufacturers, pharmaceutical companies, chemical companies, and commercial sterilization service providers, a comprehensive solution to achieve compliance with the EPA’s new ethylene oxide regulations. Together, the companies combine Montrose’s expert field services and data platform (SensibleEDP™) with the proven ambient air monitoring (MAX-iQ) and emissions monitoring (EMS-10) systems of Thermo Fisher. The MAX-iQ and EMS-10 systems, combined with the system design, installation, operations, software, geographic footprint, and maintenance expertise of Montrose, allow for monitoring low-level EtO emissions at a detection limit of 1 ppb, which exceeds the current EPA EtO standards. Tillkännagivande • May 10
Montrose Environmental Group, Inc. Reaffirms Earnings Guidance for the Full Year 2023 Montrose Environmental Group, Inc. reaffirmed earnings guidance for the full year 2023. For the period, the company expects revenue range are unchanged at $550 million to $600 million. Tillkännagivande • May 09
Montrose Environmental Group, Inc. (NYSE:MEG) acquired GreenPath Energy Ltd. Montrose Environmental Group, Inc. (NYSE:MEG) acquired GreenPath Energy Ltd. on May 8, 2023. Joshua Anhalt, president of GreenPath and employees of GreenPath will join Montrose Environmental Group. Montrose Environmental Group, Inc. (NYSE:MEG) completed the acquisition of GreenPath Energy Ltd. on May 8, 2023. Tillkännagivande • May 05
Montrose Environmental Group, Inc. (NYSE:MEG) agreed to acquire Matrix Solutions Inc. Montrose Environmental Group, Inc. (NYSE:MEG) agreed to acquire Matrix Solutions Inc. on May 3, 2023. The transaction, which is subject to, among other things, approval of Matrix shareholders and the Court of King’s Bench of Alberta, is expected to close in the second quarter of 2023. Blake, Cassels & Graydon LLP acted as legal advisor to Montrose Environmental Group, Inc. AEC Advisors LLC acted as financial advisor to Matrix Solutions Inc. Borden Ladner Gervais LLP acted as legal advisor to Matrix Solutions Inc. Tillkännagivande • Feb 15
Montrose Environmental Group, Inc. to Report Q4, 2022 Results on Feb 28, 2023 Montrose Environmental Group, Inc. announced that they will report Q4, 2022 results at 4:00 PM, US Eastern Standard Time on Feb 28, 2023 Tillkännagivande • Feb 11
Montrose Environmental Group, Inc. (NYSE:MEG) acquired Environmental Alliance, Inc. Montrose Environmental Group, Inc. (NYSE:MEG) acquired Environmental Alliance, Inc. on February 10, 2023. Bill Smith, President of Environmental Alliance, Inc., Paul Miller, Joseph Rossi and Michael Vanderslice, Vice Presidents of Environmental Alliance, Inc. will continue with Montrose and will join the Environmental Consulting & Engineering Division led by Senior Vice President Sean Rom. Montrose Environmental Group, Inc. (NYSE:MEG) completed the acquisition of Environmental Alliance, Inc. on February 10, 2023. Breakeven Date Change • Apr 07
Forecast breakeven date pushed back to 2023 The 8 analysts covering Montrose Environmental Group previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 96% to 2022. The company is expected to make a profit of US$9.58m in 2023. Average annual earnings growth of 142% is required to achieve expected profit on schedule. Reported Earnings • Nov 10
Third quarter 2021 earnings released: US$0.071 loss per share (vs US$2.99 loss in 3Q 2020) The company reported a solid third quarter result with reduced losses, improved revenues and improved control over expenses. Third quarter 2021 results: Revenue: US$132.6m (up 56% from 3Q 2020). Net loss: US$1.87m (loss narrowed 97% from 3Q 2020). Breakeven Date Change • Oct 25
Forecast to breakeven in 2022 The 7 analysts covering Montrose Environmental Group expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$100.6k in 2022. Average annual earnings growth of 85% is required to achieve expected profit on schedule. Recent Insider Transactions • Sep 15
Independent Chairman of the Board recently sold €4.9m worth of stock On the 10th of September, Richard Perlman sold around 100k shares on-market at roughly €48.62 per share. This was the largest sale by an insider in the last 3 months. This was Richard's only on-market trade for the last 12 months. Breakeven Date Change • Aug 30
Forecast to breakeven in 2023 The 7 analysts covering Montrose Environmental Group expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of US$8.75m in 2023. Average annual earnings growth of 80% is required to achieve expected profit on schedule.