Montrose Environmental (MEG) Tops Q4 EPS by 37c, Beats on Revenue; Offers FY25 Revenue Guidance
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Montrose Environmental Group Reports Record Fourth Quarter and Full Year 2024 Results and Provides Strong 2025 Guidance
February 26, 2025 4:30 PM ESTFourth Quarter 2024 Highlights (comparisons to fourth quarter 2023)
Highest-ever quarterly revenue of $189.1 million, an increase of $21.3 million, or 14.1%Net loss of $28.2 million, or $0.90 net loss per diluted share attributable to common stockholders (LPS), and Adjusted Net Income1 of $14.7 million, or $0.29 Diluted Adjusted Net Income per share1 (Adj EPS)Record fourth quarter Consolidated Adjusted EBITDA1 of $27.2 million, an increase of $9.8 million, or 55.8%Expansion in Consolidated Adjusted EBITDA1 as... More