Montrose Environmental Group Announces Second Quarter 2020 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/18/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
Media General (MEG) Tops Q2 EPS by 33c, Revenues Beat
August 31, 2020 4:08 PM EDTMedia General (NYSE: MEG) reported Q2 EPS of $0.61, $0.33 better than the analyst estimate of $0.28. Revenue for the quarter came in at $73.77 million versus the consensus estimate of $72.58 million.
Second Quarter 2020 Highlights
Total revenue of $73.8 million increased 28.5% compared to the prior year quarterNet income of $13.2 million compared to a net loss of $0.3 million in the prior year quarterAdjusted EBITDA1 of $13.9 million grew 74.1% compared to the prior year quarterAdjusted EBITDA margin1 improved to 18.8% compared to 13.9% in the prior year quarterSecond quarter... More