Montrose Environmental (MEG) Tops Q1 EPS by 28c; Offers FY23 Revenue Guidance

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Montrose Environmental Group Announces First Quarter 2023 Results

May 9, 2023 4:30 PM EDT

- Strong Operating Segment Adjusted EBITDA Growth -

- Solid Margin Expansion in Operating Segment Adjusted EBITDA -

- Net loss of $14.7 million and Consolidated Adjusted EBITDA1 of $16.6 million -

- Continued Improvement in Cash Flow from Operations Year-over-Year -

- Strong Balance Sheet and Cash Generation Support Acquisitions and R&D Successes -

- Raises Consolidated Adjusted EBITDA1 Outlook for Full Year 2023 -

LITTLE ROCK, Ark.--(BUSINESS WIRE)-- Montrose Environmental Group, Inc. (the Company, Montrose or MEG) (NYSE:... More