secwatch.observer — SEC 8-K summary
======================================

Issuer:     Onterris, Inc. (ONT)
CIK:        0001643615
Form:       8-K
Filed at:   2022-05-09T23:59:59+00:00
Accession:  0000950170-22-008526
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Montrose Q1 revenue $134.7M (+0.6% YoY); net loss narrows to $7.5M; reaffirms FY2022 guidance
--------------------------------------------------------------------------------

- Revenue $134.7M (up 0.6% YoY); growth driven by Water, Renewable Energy, GHG services; COVID-19-related revenue declined.
- Net loss $7.5M (vs loss $12.9M YoY); net loss margin improved to (5.6)% from (9.7)%.
- Adjusted EBITDA $16.5M vs $16.8M YoY; Total Operating Segments Adjusted EBITDA margin expanded to 17.8%.
- Reiterates FY2022 guidance: revenue $520M-$570M; Adjusted EBITDA $73M-$78M.
- Acquired Environmental Standards in Jan 2022; liquidity $218.8M including $93.8M cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1643615/000095017022008526/0000950170-22-008526-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1643615/000095017022008526/meg-20220509.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-008526

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer