Montrose Environmental Group Announces Second Quarter 2020 Results

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Go back to Montrose Environmental Group Announces Second Quarter 2020 Results

Media General (MEG) Tops Q2 EPS by 33c, Revenues Beat

August 31, 2020 4:08 PM EDT

Media 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