secwatch.observer — SEC 8-K summary
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Issuer:     Onterris, Inc. (ONT)
CIK:        0001643615
Form:       8-K
Filed at:   2022-08-08T23:59:59+00:00
Accession:  0000950170-22-015574
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Montrose Q2 rev $139.9M; revises Adj EBITDA calculation, lowers FY 2022 guidance to $68-73M
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- Revenue $139.9M (+2.7% YoY); net loss $(7.8M) ($0.40 loss per share).
- Adjusted Net Income $5.4M ($0.04 per share) vs $4.8M prior year.
- Consolidated Adj EBITDA (new method) $15.6M vs $19.8M; FY guidance revised to $68-73M from $73-78M due to no longer adding back startup costs.
- Reaffirms FY 2022 revenue guidance $520-570M; CTEH COVID-related services declining.
- Acquired TriAD Environmental Consultants in August; liquidity $223.4M including $98.4M cash.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1643615/000095017022015574/0000950170-22-015574-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1643615/000095017022015574/meg-20220808.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-015574

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