LITTLE ROCK, Ark., July 16, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. ("Montrose" or "the Company") (NYSE: MEG), a high-growth global environmental solutions company, today shared insight into the use of their proprietary technology to address air monitoring regulations in Colorado. Montrose partnered with two of the four affected facilities in Colorado to install and operate a fenceline air monitoring program, including the development of a monitoring plan, to satisfy the requirements of HB21 ...

LITTLE ROCK, Ark., July 9, 2024 /PRNewswire/ -- Montrose Environmental Group, Inc. ("Montrose" or "the Company") (NYSE: MEG), a high-growth, global environmental solutions company, today shared insight into the first-ever leak detection and repair (LDAR) alternative work practice (AWP) deployed in a U.S. refinery. Leaking equipment has been cited by the United States Environmental Protection Agency (EPA) as the primary source of volatile organic compounds (VOCs) and volatile hazardous air pollutants (HAPs) ...

The 2023 Sustainability Report Executive Summary focuses on Montrose's sustainability approach, the impact of environmental solutions provided and Montrose's own environmental performance. The Executive Summary celebrates the Company's 2023 accomplishments including: Additionally, the application of innovative solutions resulted in meaningful impact in 2023, including: Read Montrose's 2023 Sustainability Report Executive Summary to learn more about the Company's sustainability achievements and innovative ad ...

"At Montrose, we view our business' sustainability as core to our decision framework," said Vijay Manthripragada, President and Chief Executive Officer of Montrose Environmental Group. "Our sustainability approach addresses the elements identified by our materiality assessment, focusing on factors most relevant to our business, stakeholders and employees. This informs our comprehensive strategy for serving and assisting our clients – the One Montrose way. This means integrating sustainable practices into ou ...

财务数据和关键指标变化 - 第一季度收入增长18.2%至1.553亿美元,主要由于AP&R和修复与再利用业务的强劲有机增长以及收购带来的贡献 [25] - 第一季度经调整EBITDA为1690万美元,占收入的10.9%,较上年同期的12.6%有所下降,主要由于收购的Matrix业务季节性较弱以及去年同期有一个大型应急响应项目 [26] - 每股经调整净收益为0.16美元,较上年同期的0.17美元有所下降,主要由于利息费用和折旧增加,部分被EBITDA增加、所得税费用降低以及优先股股息减少所抵消 [27][28] 各条业务线数据和关键指标变化 评估、许可和应急响应(AP&R)业务 - 第一季度收入增长12.2%至5860万美元,主要由于有机增长,但被应急响应服务收入下降所部分抵消 [30] - 该分部经调整EBITDA增长14.1%至1630万美元,EBITDA率从27.3%提升至27.8%,反映了有机增长和业务结构改善的影响 [30] 测量与分析(M&A)业务 - 第一季度收入增长7%至4550万美元,主要由于有机增长 [31] - 该分部经调整EBITDA持平,EBITDA率从15%下降至14.3%,主要由于业务结构变化 [31] 修复与再利用(R&R)业务 - 第一季度收入增长39.7%至5130万美元,主要由于收购Matrix,但被生物气业务向高毛利业务转型所抵消 [32] - 该分部经调整EBITDA率下降,主要由于Matrix业务的摊薄影响,该业务在每年第一季度通常为亏损或零收益 [32] 各个市场数据和关键指标变化 - 公司未具体披露各个市场的数据和关键指标变化 [无] 公司战略和发展方向及行业竞争 - 公司收购整合策略是增长的关键组成部分,今年收购节奏有所加快,新收购的Epic、Two Dot和ETA团队为公司带来了优秀的人才和地理及服务能力 [12] - 公司看好PFAS监管趋严带来的长期机遇,预计将为公司带来约2000亿美元的潜在市场 [18][19][20] - 公司在甲烷排放监管、有害空气污染物监管等方面也看到长期利好 [19][20] - 公司有信心实现上调后的2024年全年指引,保持低双位数的有机收入增长和利润率提升 [21][38][39][41] 管理层对经营环境和未来前景的评论 - 公司看好自身的有机增长势头、专利开发和商业化、战略收购以及行业监管利好 [21] - 公司对2024年的业绩目标充满信心,认为这归功于全球约3500名员工的出色工作 [21] - 公司对未来几个季度和几年的前景保持乐观 [21][98] 问答环节重要的提问和回答 问题1 **Tim Mulrooney提问** 对于EPA最新出台的PFAS相关法规,公司在短期1-2年内如何看待其对各业务线的影响 [47][48][49] **Vijay Manthripragada回答** 公司在测试和评估方面已经看到活动增加,预计未来1-2年内将逐步体现在财务数据上;在处理方面,公司也看到了大量询盘,预计将在今年下半年和明年开始显著增长 [48][49] 问题2 **Jim Ricchiuti提问** 公司此前上调2024年指引的主要原因是什么 [63][64][65] **Vijay Manthripragada回答** 主要有三个原因:1)监管环境的变化带来的机遇增加;2)Matrix业务季节性的影响;3)近期收购和去年大型应急响应项目结束的影响 [63][64][65] 问题3 **Brian Butler提问** 公司未来M&A的重点在哪些方面,是否需要增加资源 [77][78][79] **Vijay Manthripragada回答** 公司M&A的重点主要是地域扩张和补充现有服务线,不会有战略性转变;公司目前的资源足以支持未来更高的收购节奏 [77][78][79]

Montrose Environmental Group, Inc. Reconciliation of Net Loss to Consolidated Adjusted EBITDA (In thousands) First Quarter 2024 Earnings Call May 8, 2024 Included in this presentation and the accompanying oral presentation are certain financial measures that are not calculated in accordance with U.S. generally accepted accounting principles ("GAAP") designed to supplement, and not substitute, Montrose's financial information presented in accordance with GAAP. The non-GAAP measures as defined by Montrose may ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-39394 Montrose Environmental Group, Inc. (Exact Name of Registrant as Specified in its Charter) Delaware 46-4195044 ( State or ot ...

For the quarter ended March 2024, Montrose Environmental (MEG) reported revenue of $155.33 million, up 18.2% over the same period last year. EPS came in at $0.16, compared to -$0.63 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $152.61 million, representing a surprise of +1.78%. The company delivered an EPS surprise of +220.00%, with the consensus EPS estimate being $0.05.While investors closely watch year-over-year changes in headline numbers -- revenue and earnin ...

Montrose Environmental (MEG) came out with quarterly earnings of $0.16 per share, beating the Zacks Consensus Estimate of $0.05 per share. This compares to loss of $0.63 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 220%. A quarter ago, it was expected that this company would post earnings of $0.10 per share when it actually produced earnings of $0.27, delivering a surprise of 170%.Over the last four quarters, the company ha ...

Exhibit 99.1 MONTROSE ENVIRONMENTAL GROUP ANNOUNCES FIRST QUARTER 2024 RESULTS - Record First Quarter Revenue of $155.3 Million, up 18% Year-Over-Year - - Net Loss of $13.4 million; Basic and Diluted Net Loss Per Share of $0.53 - - Record First Quarter Consolidated Adjusted EBITDA1 of $16.9 Million - - Executed Three Highly Accretive Acquisitions and Expanded Patent Portfolio - - Reiterates Recently Raised 2024 Revenue and Consolidated Adjusted EBITDA1 Guidance - Little Rock, Arkansas (May 7, 2024) – Montro ...