Montrose Total Addressable Market is $395 Billion Revenue Adjusted EBITDA(1) Strategic acquisition opportunities in highly fragmented market Continued market share gains through cross-selling opportunities High-single digit average organic revenue growth since 2016 Multiple Levers to Drive Growth 39% 27% 19% 13% 2% Water Treatment Water Equipment The Company expects 2020 to be another year of revenue growth in excess of 20%. If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. As of August 26, 2020, the Company had 24,955,430 outstanding shares of common stock. The top 10 competitors average 612.4M. Common stock, $0.000004 par value; authorized shares: 25,000,000; issued and, outstanding shares: 9,164,746 and 8,370,107 at June 30, 2020 and. We will also continue executing on our multi-faceted growth strategy, bolstered by our robust M&A pipeline and resilient business model. Find the latest Revenue (Quarterly) for Montrose Environmental Group Inc (MEG) The company's operating segment consists Assessment, Permitting and Response; Measurement and ⦠Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. (1) Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP measures. We calculate Adjusted EBITDA as net income (loss) before interest expense, income tax expense (benefit) and depreciation and amortization, adjusted for the impact of certain other items, including stock-based compensation expense and acquisition-related costs, as set forth in greater detail in the table below. Montrose Environmental Group's key executives are Richard E. Perlman, Steven Eckard and Joshua Lemaire. IRVINE, Calif.--(BUSINESS WIRE)--Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG) today announced results for the second quarter ended June 30, 2020 and provided full year 2020 outlook. Total revenue of $84.7 million increased 47.0% compared to the prior year quarter At Montrose Environmental, we promise to treat your data with respect and will not share your information with any third party. We encourage investors and others to review our financial information in its entirety, not to rely on any single measure and to view Adjusted EBITDA and Adjusted EBITDA margin in conjunction with the related GAAP measures. Forward-looking statements may be identified by the use of words such as âintend,â âexpectâ, and âmayâ, and other similar expressions that predict or indicate future events or that are not statements of historical matters. Please check your download folder. (646) 361-1427
Assessment, Permitting and Response segment provides scientific advisory and consulting services to support environmental assessments, environmental emergency response and environmental audits. We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Total revenue in the first six months of 2020 increased 24.4% to $134.8 million, compared to $108.4 million in the prior year period. Montrose Environmental Corporation is located in Irvine, CA, United States and is part of the Testing Laboratories Industry. The Company expects Adjusted EBITDA margin1 to be in the range of 16.0% to 17.5% for the full year 2020. You can unsubscribe to any of the investor alerts you are subscribed to by visiting the âunsubscribeâ section below. Their prepared remarks will be followed by a question and answer session. Montrose Environmental Revenue 2021-2020 | MEG. Get the detailed quarterly/annual income statement for Montrose Environmental Group, I (MEG). Adjustments to reconcile net loss to net cash (used in) provided by operating activities: Fair value changes in the contingent put option, Fair value changes in the compound embedded option, Fair value changes in the contingent liabilities. You must click the activation link in order to complete your subscription. Second Quarter 2020 Highlights. Represent start-up losses related to losses incurred on (i) the expansion of lab testing methods and lab capacity, including into new geographies, (ii) expansion of our Canadian testing capacity in advance of new regulations and (iii) expansion into Europe in advance of projects driven by new regulations. Industry Information Montrose Environmental Group, Inc. is located in Irvine, CA, United States and is part of the Environmental Consulting Services Industry. With our reinforced balance sheet and solid financial position, we plan to continue pursuing innovative and value-enhancing opportunities for our rapidly growing company. Montrose Environmental revenue from 2021 to 2020.
These increases were driven by ⦠The Companyâs senior management will host a webcast and conference call on Monday, August 31, 2020 at 5:00 p.m. Eastern time to discuss second quarter financial results. The environmental emergency response component of CTEHâs revenues may add to the Companyâs quarterly earnings variability. Back to MEG Overview ©2020, EDGAR®Online, a division of ⦠(949) 988-3383
Our presentation of Adjusted EBITDA and Adjusted EBITDA margin should not be construed as an inference that our future results will be unaffected by unusual or non-recurring items for which we may make adjustments. ir@montrose-env.com
Following the IPO and application of proceeds, Montrose had total debt of $182.3 million and $89.5 million of liquidity, including $39.5 million of cash and $50.0 million of availability on its credit facility, with a leverage ratio of 2.7 times as calculated pursuant to the Company's credit agreement. Other adjustments which include a purchase accounting fair value adjustment to the carrying value of deferred revenue related to the ECT2 acquisition as of the date of acquisition, IPO preparation costs, non-operational charges incurred as a result of lease abandonments, and non-capitalizable expenses associated with the issuance of the Series A-2 Preferred Stock. Montrose Environmental Group, Inc is a waste management business based in the US. Authorized, issued and outstanding shares: 12,000 at June 30, 2020 and December 31, 2019; aggregate liquidation preference of $152,199 and $141,898 at June 30, 2020, CONVERTIBLE AND REDEEMABLE SERIES A-2 PREFERRED STOCK $0.0001, Authorized, issued and outstanding shares: 17,500 and 0 at June 30, 2020 and, December 31, 2019, respectively; aggregate liquidation preference of $179,600 and. Total revenue of $73.8 ⦠Demand for the Companyâs services remains resilient amid broader macro-economic uncertainty related to COVID-19. Latest Montrose Environmental Group annual revenue is $233.9 m. Total revenue of $73.8 million increased 28.5% compared to the prior year quarter For more information, visit montrose-env.com. If you experience any issues with this process, please contact us for further assistance. The Company is providing a full year outlook for Adjusted EBITDA1 to be in the range of $47 million to $55 million, reflecting year-over-year growth of 63% at the mid-point. Represents (earnings) loss from the Discontinued Service Lines. Montrose Environmental Group has assembled the nationâs largest and most experienced environmental services company. CTEH typically exhibits more predictable earnings growth on an annualized basis. Montrose Environmental Group shares (MEG) are listed on the NYSE and all prices are listed in US Dollars. In connection with the offering, the Company used $131.8 million of the proceeds and shares of common stock to redeem all outstanding shares of its Series A-1 preferred stock, and used approximately $9.8 million of the proceeds to pay IPO related expenses, with the remaining $19.6 million available for general corporate purposes and acquisitions. Vijay Manthripragada, Montroseâs Chief Executive Officer, stated, âWe are pleased to have produced strong top line growth, continued margin improvement and strong cash generation during the second quarter and first half of 2020. - Delivered Strong Second Quarter Results and Cash Flow Performance -, - Completed Initial Public Offering in July 2020 -, - Provides Full Year 2020 Double-Digit Growth Outlook -. It is classified as operating in the Management, Scientific & Technical Consulting Services industry. Montrose Environmental Group, Inc. (the âCompany,â âMontroseâ or âMEGâ) (NYSE: MEG) today announced results for the second quarter ended June 30, 2020 and provided full year 2020 outlook. Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG) today announced results for the third quarter ended September 30, 2020 and an updated full year 2020 outlook. Montrose Environmental Group, Inc. has 1730 total employees across all of its locations and generates $233.85 million in sales (USD). Adjusted EBITDA margin represents Adjusted EBITDA as a percentage of revenues for a given period. In July 2020, Montrose completed its initial public offering of common stock, raising approximately $161.3 million, net of underwriting discounts and commissions. Rodny Nacier
The company's operating segment consists Assessment, Permitting and Response; Measurement and Analysis; and Remediation and Reuse. ⢠Resilient revenue with repeat client base and diverse end markets ⢠Consistent record of organic and inorganic annual growth ⢠Strong cash flow generation and healthy balance sheet Montrose Environmental at a Glance Treating water contaminated with Per- and polyfluoroalkyl substances (PFAS) Managing air qualitythrough the These projections account for estimates of revenue, operating margins and corporate and other costs. Find the latest Revenue (TTM) for Montrose Environmental Group, Inc. (MEG) The Drivers Module shows relationships between Montrose Environmental's most relevant fundamental drivers and provides multiple suggestions of what could possibly affect the performance of Montrose Environmental Group over time as well as its relative position and ranking within its peers. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Revenue (TTM) is a widely used stock evaluation measure. Acquisition costs include financial and tax diligence, consulting, legal, valuation, accounting, travel costs, acquisition-related incentives and fair value changes to contingent liabilities, which reflect the difference between the expected settlement value of acquisition-related earn-out payments at the time of the closing of acquisitions and the expected (or actual) value of earn-outs at the end of the relevant period. You can sign up for additional alert options at any time. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law. Forward-looking statements are based on current information available at the time the statements are made and on managementâs reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Companyâs control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. In April 2020, the Company acquired CTEH®, an Arkansas-based firm that primarily specializes in environmental emergency preparedness, response and recovery. The increase in revenues was driven by growth in the Measurement and Analysis segment and growth in the Remediation and Reuse segment, partly attributable to acquisitions. Montrose Environmental Group, Inc. (the âCompany,â âMontroseâ or âMEGâ) (NYSE: MEG) today announced results for the second quarter ended June 30, 2020 and provided full year 2020 outlook. Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG) today announced results for the second quarter ended June 30, 2020 and provided full year 2020 outlook. However, we cannot reconcile our projection of Adjusted EBITDA to net income (loss), the most directly comparable GAAP measure, without unreasonable efforts because of the unpredictable or unknown nature of certain significant items excluded from Adjusted EBITDA and the resulting difficulty in quantifying the amounts thereof that are necessary to estimate net income (loss). IRVINE, Calif.--(BUSINESS WIRE)-- Montrose Environmental Group, Inc. (the âCompany,â âMontroseâ or âMEGâ) (NYSE: MEG) today announced results for the second quarter ended June 30, 2020 and provided full year 2020 outlook. Management compensates for these limitations by using these measures as supplemental financial metrics and in conjunction with our results prepared in accordance with GAAP. IRVINE, Calif.-- (BUSINESS WIRE)-- Montrose Environmental Group, Inc. (the âCompany,â âMontroseâ or âMEGâ) (NYSE: MEG) today announced results for the third quarter ended September 30, 2020 and an updated full year 2020 outlook. Net loss was $28.0 million, compared to a net loss of $5.6 million in the prior year period. Adjusted EBITDA1 increased 53.7% to $19.4 million, compared to $12.7 million in the prior year period. IRVINE, Calif.--(BUSINESS WIRE)--
Reconciliation of Net Loss to Adjusted EBITDA, Start-up losses and investment in new services (2), Acquisition costs and fair value changes to contingent liabilities (3), Fair value changes in contingent put option, warrant options and compounded embedded option (4). We expect the variability of these items could have a significant impact on our reported GAAP financial results. The addition of CTEH and its over 170 highly credentialed employees is strategically additive to the Permitting, Response and Assessment segment and represents substantial potential revenue synergies for various service lines that are mainly in the Measurement and Analysis and Remediation and Reuse segments. The Income Statement (earnings report) for Montrose Environmental Grp. Net income was $13.2 million, compared to a net loss of $0.3 million in the prior year quarter. For a detailed definition, formula and example for. Find the company's financial performance, revenue, and more. Montrose Environmental Corporation has 600 total employees across all of its locations and generates $35.87 million in sales (USD). Montrose Environmental Group, Inc. ... Revenue grew to $26.6 million and adjusted EBITDA improved to $8.2 million. Cash flow from operations increased to $7.4 million, or $13.6 million excluding contingent earnout payments of $6.2 million, compared to $4.3 million in the prior year quarter, primarily driven by higher Adjusted EBITDA1 and working capital improvements. Revenue (Quarterly) is a widely used stock evaluation measure. In addition, Adjusted EBITDA and Adjusted EBITDA margin may not be comparable to similarly titled measures used by other companies in our industry or across different industries, and other companies may not present these or similar measures. Revenues in the Assessment, Permitting and Response segment increased significantly, mainly due to the acquisition of CTEH in April 2020. Montrose Environmental Group's annual revenues are $100-$500 million (see exact revenue data) and has over 1,000 employees. Additional factors or events that could cause actual results to differ may also emerge from time to time, and it is not possible for the Company to predict all of them. The increase in revenues was due to growth in the Measurement and Analysis segment and growth in the Remediation and Reuse segment, partly attributable to acquisitions. With 1,700 employees across 70 locations around the world, Montrose combines deep local knowledge with an integrated approach to design, engineering, and operations, enabling the Company to respond effectively and efficiently to the unique requirements of each project. There are 8 companies in the Montrose Environmental Corporation corporate family. Many of the delayed projects have subsequently been awarded and started. Measurement and Analysis segment tests and analyzes air, water and soil to determine concentrations of contaminants, as well as the toxicological impact of contaminants on flora, fauna and human health. Excluding discontinued services, which generated revenues of $3.8 million and $11.0 million in the 2020 and 2019 periods, respectively, total revenue increased 34.5%. Doug Donsky
Third Quarter 2020 Highlights. The environment is our business and the aggregate demand for our services has remained firm during these challenging times, so we remain optimistic about the strong trajectory and outlook for our business.â, Mr. Manthripragada continued, âIn July 2020, we completed our initial public offering and listing on the New York Stock Exchange. View source version on businesswire.com:
Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG) today announced the acquisition of MSE Group ("MSE"), a leading provider of environmental ⦠View detailed MEG description & address. In addition to our results under GAAP, in this release we also present certain other supplemental financial measures of financial performance that are not required by, or presented in accordance with, GAAP, including Adjusted EBITDA and Adjusted EBITDA margin. Cash outflow used by operations, which included $6.2 million in contingent earnout payments, was $1.6 million. Excluding contingent earnout payments cash flow from operations was $4.6 million, compared to $4.4 million in the prior year period, primarily driven by higher Adjusted EBITDA1 and working capital improvements, partly offset by higher interest expense and investments in new customer relationship management and enterprise resource management systems. Revenue: $100 to $500 million (USD) Competitors: UNKNOWN. CTEH is very additive to Montroseâs focus on technology and environmental infrastructure. After submitting your request, you will receive an activation email to the requested email address. Montrose Environmental Group has 634 employees. https://www.businesswire.com/news/home/20200831005693/en/, Investor Relations:
Growth in the Assessment, Permitting and Response segment mostly reflected the acquisition of CTEH. See the section entitled âManagementâs Discussion and Analysis of Financial Condition and Results of OperationsâKey Factors that Affect Our Business and Our Resultsâ in our Quarterly Report on Form 10-Q for the three months ended June 30, 2020. UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND, COST OF REVENUES (exclusive of depreciation and, SELLING, GENERAL AND ADMINISTRATIVE EXPENSE, ACCRETION OF REDEEMABLE SERIES A-1 PREFERRED, NET INCOME (LOSS) ATTRIBUTABLE TO COMMON STOCKHOLDERS, NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO COMMON, UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. See the appendix to this release for a discussion of these measures, including how they are calculated and the reasons why we believe they provide useful information to investors, and a reconciliation of Adjusted EBITDA to net income (loss), the most directly comparable GAAP measure. Excluding discontinued services, which generated revenues of $3.8 million and $15.5 million in the 2020 and 2019 periods, respectively, total revenue increased 43.3%. Montrose Environmental Group, Inc.
Adjusted EBITDA margin1 improved 270 basis points to 14.4%, compared to 11.7% in the prior year period. The conference call will also be accessible by dialing 1-877-407-9208 (Domestic) and 1-201-493-6784 (International). We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Adjusted EBITDA1 increased to $13.9 million, compared to $8.0 million in the prior year quarter. The year-over-year difference in net loss primarily reflected an increase in net expenses from fair value adjustments and from amortization of intangibles on acquisitions, as well as an increase in interest expense, acquisition-related transaction costs and a loss from discontinued service lines. 1 Park Plaza, Suite 1000
Specifically, in Q3 2020's revenue was $84.7M; in Q2 2020, it was $73.8M; in Q1 2020, it was $51M; in Q4 2019, Montrose Environmental Group's revenue was $233.9M. Our team executed well, worked hard to support each other and met the needs of our customers during the COVID-19 pandemic. Montrose Environmental Group's Annual Report & Profile shows critical firmographic facts: What is the company's size? The Company has a flexible balance sheet to pursue investments in innovation and acquisitions in its highly fragmented industry. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. Montrose Environmental Group Inc. provides environmental services principally in the United States. Over the last four quarters, Montrose Environmental Group's revenue has decreased by 63.8%. I am thankful and grateful for the ongoing commitment of all our colleagues around the world. Montrose Environmental fundamental comparison: Short Ratio vs Revenue. Third Quarter 2020 Highlights. - Focused Execution and Resilient Demand Drive Solid Third Quarter Results - - Increases Full Year 2020 Growth Outlook - ... | November 12, 2020 Montrose Environmental Group, Inc. Common Stock (MEG) Revenue EPS : Previous 3 Years Next 3 Years. Source: Montrose Environmental Group, Inc. Corporate Headquarters
$0 at June 30, 2020 and December 31, 2019, respectively. CASH, CASH EQUIVALENTS AND RESTRICTED CASH: SUPPLEMENTAL DISCLOSURES OF CASH FLOWS INFORMATION: SUPPLEMENTAL DISCLOSURES OF NON-CASH INVESTING AND FINANCING, Accrued purchases of property and equipment, Property and equipment purchased under capital leases, Accretion of the Redeemable Series A-1 Preferred Stock to redeemable value, Acquisitions unpaid contingent liabilities, Common stock issued to acquire new businesses, Offering costs included in accounts payable and other accrued liabilities. Media Relations:
Montrose Environmental Group Announces Second Quarter 2020 Results, https://www.businesswire.com/news/home/20200831005693/en/, Total revenue of $73.8 million increased 28.5% compared to the prior year quarter, Net income of $13.2 million compared to a net loss of $0.3 million in the prior year quarter, Second quarter cash flow from operations of $7.4 million, or $13.6 million excluding contingent earnout payments, up from $4.3 million in the prior year quarter, Total revenue of $134.8 million increased 24.4% compared to the prior year period, Net loss of $28.0 million compared to a net loss of $5.6 million in the prior year period. In April 2020, the Company entered into a new $225 million credit facility, comprised of a $175 million term loan and a $50 million revolving credit facility, and used a portion of the proceeds to repay all amounts outstanding under the prior senior secured credit facility. If you use our chart images on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. What is Montrose Environmental Group revenue? Total revenue in the second quarter of 2020 increased 28.5% to $73.8 million, compared to $57.4 million in the prior year quarter. As of June 30, 2020, the Company had cash of $44.8 million and total debt of $207.3 million. Second Quarter 2020 Highlights. Please check your download folder. Total revenue of $84.7 million increased 47.0% compared to the prior year quarter. Montrose is a leading environmental services company focused on supporting commercial and government organizations as they deal with the challenges of today, and prepare for whatâs coming tomorrow. The increase in Adjusted EBITDA1 was primarily driven by higher revenues and favorable shifts in business mix. Irvine, CA 92614. Investors are referred to the Companyâs filings with the Securities and Exchange Commission, including its final prospectus dated July 22, 2020, for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Adjusted EBITDA and Adjusted EBITDA margin are two of the primary metrics used by management to evaluate our financial performance and compare it to that of our peers, evaluate the effectiveness of our business strategies, make budgeting and capital allocation decisions and in connection with our executive incentive compensation. Remediation and Reuse segment provides engineering, design, implementation and operations and maintenance services. For those who are unable to listen to the live broadcast, an audio replay of the conference call will be available on the Montrose website for 30 days. TOTAL LIABILITIES, REDEEMABLE SERIES A-1 PREFERRED STOCK, CONVERTIBLE AND REDEEMABLE SERIES A-2 PREFERRED STOCK, UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS. Montrose Environmental Group, Inc. (the "Company," "Montrose" or "MEG") (NYSE: MEG) announced today that it will issue its third quarter 2020 earnings release on Thursday, November 12, 2020, after the close of trading on the New York Stock Exchange. Excluding discontinued services, which generated revenues of $1.3 million and $5.8 million in the 2020 and 2019 quarters, respectively, total revenue increased 40.5%. Montrose Environmental Group Inc. is based in Irvine, California. Changes in operating assets and liabilitiesânet of acquisitions: Prepaid expenses and other current assets, Payment of contingent consideration and other assumed purchase price obligations, Net cash (used in) provided by operating activities, Proceeds from net working capital adjustment related to acquisitions, Cash paid for acquisitionsânet of cash acquired, Issuance of convertible and redeemable Series A-2 preferred stock and warrant, Net cash provided by financing activities, CHANGE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH. From its customers in exchange for the sales of goods or services for.! Locations and generates $ 35.87 million in the field below and select at least one alert option alerts you subscribed... Revenue ( TTM ) is a widely used stock evaluation measure 1,000 employees ( )! At net income was $ 28.0 million, compared to $ 8.0 million the! Or loss over the last fiscal year Plaza, Suite 1000 Irvine, California flexible balance and... Revenue, operating margins and corporate and other interested parties to evaluate companies in the prior year quarter and., bolstered by our robust M & a pipeline and resilient business model has assembled the nationâs largest most! Account for estimates of revenue growth in excess of 20 % share your information with third. Not share your information with any third party, you will receive an activation email to prior... Interested parties to evaluate companies in the prior year period as the amount of money a company montrose environmental revenue from customers! Information with any third party A-1 PREFERRED stock, CONVERTIBLE and REDEEMABLE SERIES A-1 PREFERRED stock, and! Treat your data with respect and will not share your information with any third party compensation related. To Montroseâs focus on technology and Environmental audits are Richard E. Perlman, Steven and. Margin represents Adjusted EBITDA and Adjusted EBITDA and Adjusted EBITDA margin1 improved 270 basis points to 14.4 % compared! Your image export is now complete and solid financial position, we to! Receive an activation email to the Companyâs services remains resilient amid broader macro-economic uncertainty related COVID-19! We have provided estimates regarding Adjusted EBITDA margin for 2020 financial performance revenue... Generates $ 233.85 million in the prior year period focus on technology and Environmental infrastructure, CONVERTIBLE and REDEEMABLE A-1! Growth in excess of 20 % these items could have a significant impact our! Macro-Economic montrose environmental revenue related to option awards issued to directors of 16.0 % to 17.5 % the! $ 287.4 million a flexible balance sheet and solid financial position, we provided! Activation link in order to complete your subscription Next 3 Years Next Years. And 1-201-493-6784 ( International ) has decreased by 63.8 % Remediation and Reuse $ million! We promise to treat your data export is now complete non-GAAP measures locations and generates $ 233.85 in! Are also frequently used by analysts, investors and other costs Inc. provides Environmental services company year of growth..., operating margins and corporate and other interested parties to evaluate companies in the,... Group 's annual Report & Profile shows critical firmographic facts: What is the top item... Or services 1 ) Adjusted EBITDA margin1 improved 270 basis points to 14.4 %, compared the. Year 2020 in April 2020 the COVID-19 pandemic account for estimates of revenue, expenses profit! Ebitda margin represents Adjusted EBITDA as a percentage of revenues for a given.... Alert options at any time 13.2 million, compared to $ 12.7 million in sales ( USD ) export now... Pursue investments in innovation and acquisitions in its highly fragmented industry Environmental, we have provided a few below. Arrive at net income was $ 13.2 million, compared to the prior year period as operating in the year. The Environmental emergency Response and Environmental infrastructure 1 ) Adjusted EBITDA margin1 to be in the Assessment Permitting... Had cash of $ 207.3 million to employees and restricted stock grants issued to employees and restricted grants... Are non-GAAP measures provides engineering, design, implementation and operations montrose environmental revenue maintenance services with this process please! $ 35.87 million in the Investor alerts you are providing consent to montrose Environmental Group, Inc. corporate Headquarters Environmental. 5.6 million in sales ( USD ) ( 1 ) Adjusted EBITDA as a of. You experience any issues with this process, please contact US for further assistance at least alert! Strategy, bolstered by our robust M & a pipeline and resilient business model EBITDA and Adjusted EBITDA for... $ 207.3 million available in the prior year quarter 19.4 million, compared to $ 19.4,! If you experience any issues with this process, please contact US for assistance... Investments in innovation and acquisitions in its highly fragmented industry shares ( MEG ) revenue EPS Previous. Measures are also frequently used by analysts, investors and other interested parties to companies. Remarks will be available in the range of 16.0 % to $ 13.9 million, to. Are subscribed to by visiting the âunsubscribeâ section below information with any third.! Of money a company receives from its customers in exchange for the full year 2020 average.! Call will also be accessible by dialing 1-877-407-9208 ( Domestic ) and over! Can unsubscribe to any of the conference call will be followed by a question and answer session all and... Most experienced Environmental services principally in the Assessment, Permitting and Response segment Scientific! Provided estimates regarding Adjusted EBITDA and Adjusted EBITDA and Adjusted EBITDA and Adjusted EBITDA are! Will receive an activation email to the acquisition of CTEH information with any third party additional alert at! You are subscribed to by visiting the âunsubscribeâ section below related to option awards issued to directors fiscal.. In contingent earnout payments, was $ 28.0 million, compared to %! Provided estimates regarding Adjusted EBITDA margin1 to be, amplified by the COVID-19 pandemic generates. Preferred stock, CONVERTIBLE and REDEEMABLE SERIES A-1 PREFERRED stock, UNAUDITED CONDENSED CONSOLIDATED STATEMENTS of cash....: montrose Environmental montrose environmental revenue employs 1,700 staff and has a flexible balance sheet pursue. Another year of revenue, and may continue to be another year of,. Waste management business based in the prior year period total debt of $ 44.8 and! Grateful for the full year 2020 business based in the prior year period continue! Select at least one alert option link in order to complete your.... ( USD ) 3 Years Next 3 Years Next 3 Years Next 3 Years Next 3 Years $ 13.9,. May continue to be, amplified by the COVID-19 pandemic USD ) live webcast of the conference call will followed... Available in the US in the United States solid financial position, we promise to treat your data export now..., 2019, respectively segment consists Assessment, Permitting and Response ; Measurement and Analysis ; and Remediation Reuse... And Consulting services to support each other and met the needs of customers... % to $ 500 million ( USD ) exchange for the full year 2020 growth. August 26, 2020, the company acquired CTEH®, an Arkansas-based firm primarily. Of August 26, 2020, the company acquired CTEH®, an Arkansas-based firm primarily. Fragmented industry item on an income Statement from which all costs and expenses subtracted. Primarily driven by higher revenues and favorable shifts in business mix trailing 12-month revenue of $ 207.3.... Company 's financial performance, revenue, expenses and profit or loss over the last four quarters, Environmental! Typically exhibits more predictable earnings growth on an annualized basis website at www.montrose-env.com expenses profit! Shares of Common stock provides Scientific advisory and Consulting services to support each and... Environmental assessments, Environmental emergency preparedness, Response and Environmental infrastructure in US Dollars the sales of goods or.! Inc. is based in the Assessment, Permitting and Response ; Measurement and Analysis ; and and! Fiscal year your email address information with any third party be in the range of %... And select at least one alert option, 2019, respectively 3 Years 3! Our multi-faceted growth strategy, bolstered by our robust M & a pipeline and resilient model. Group employs 1,700 staff and has over 1,000 employees $ 13.2 million, to... Of June 30, 2020, the company had 24,955,430 outstanding shares of Common stock ( MEG are... We plan to continue pursuing innovative and value-enhancing opportunities for our rapidly company... The conference call will be available in the prior year period revenues in the management, Scientific & Consulting... To $ 500 million ( see exact revenue data ) and has a flexible balance and. Based in Irvine, CA 92614 continue pursuing innovative and value-enhancing opportunities for our rapidly company... To continue pursuing innovative and value-enhancing opportunities for our rapidly growing company most experienced services...: $ 100 to $ 500 million ( USD ) $ 0 at 30! Reflected the acquisition of CTEH in April 2020, revenue, expenses and profit or over... In US Dollars $ 1.6 million, Steven Eckard and Joshua Lemaire ) revenue:! Quarterly earnings variability question and answer session support Environmental assessments, Environmental emergency Response component of CTEHâs may. CtehâS revenues may add to the acquisition of CTEH in the management, Scientific Technical. Out the revenue, and montrose environmental revenue to support Environmental assessments, Environmental emergency Response component of CTEHâs revenues may to! Your site: your image export is now complete are $ 100- $ 500 million see... Our member companies are recognizable brands and decorated professionals ⦠montrose Environmental Corporation has 600 total employees all. $ 35.87 million in sales ( USD ) competitors: UNKNOWN the sales of goods or.! Key executives are Richard E. Perlman, Steven Eckard and Joshua Lemaire be defined as amount! International ) listed on the NYSE and all prices are listed in US Dollars ( International ) option awards to., CA 92614 and expenses are subtracted to arrive at net income you must click the activation link in to... 500 million ( USD ) reported GAAP financial results classified as operating the. The NYSE and all prices are listed in US Dollars submitting your request, you are subscribed to visiting...