---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-023270"
form_type: "8-K"
ticker: "ONT"
cik: "0001643615"
company_name: "Onterris, Inc."
filed_at: "2022-11-08T23:59:59+00:00"
generated_at: "2026-06-22T03:50:25.589149+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Montrose Q3 rev $130.3M (-2% YoY); net loss $(5.7)M; adj EBITDA $17.1M; FY guidance reaffirmed

## Summary
- Q3 revenue $130.3M vs $132.6M YoY; ex-CTEH revenue up 30.9% to $104.1M.
- Net loss $(5.7)M ($(0.33)/share) vs prior year net income $2.2M ($(0.07)/share).
- Adj EBITDA $17.1M vs $20.3M; adj net income $7.8M ($0.12) vs $11.5M ($0.28).
- Full-year 2022 guidance: revenue $535M-$555M (tightened), Adj EBITDA $68M-$73M (unchanged).
- Balance sheet: $93.6M cash, $125M revolver availability; leverage 1.2x; $100M debt fixed at 2.89%.

## SEC filing metadata
- accession: 0000950170-22-023270
- form_type: 8-K
- ticker: ONT
- cik: 0001643615
- company_name: Onterris, Inc.
- filed_at: 2022-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1643615/000095017022023270/0000950170-22-023270-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1643615/000095017022023270/meg-20221108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-023270
- JSON: https://secwatch.observer/filing/0000950170-22-023270.json
- Plain text: https://secwatch.observer/filing/0000950170-22-023270.txt

## Key facts
- Earnings Releases
  Onterris, Inc. reported the first nine months of 2022 results: revenue $404.9 million, net income $(21.0) million, or $(1.12) per share, EPS $(1.12) per share.
  - Period: the first nine months of 2022
  - Revenue: $404.9 million
  - Net income: $(21.0) million, or $(1.12) per share
  - EPS: $(1.12) per share
  - Result: reported results
  source text: Total revenue in the first nine months of 2022 increased 0.6% to $404.9 million compared to $402.6 million in the prior year period.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643615/000095017022023270/0000950170-22-023270-index.htm
- Earnings Releases
  Onterris, Inc. reported the third quarter ended September 30, 2022 results: revenue $130.3 million, net income $(5.7) million, or a loss of $(0.33) per share, EPS $(0.33) per share. Guidance reaffirmed.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $130.3 million
  - Net income: $(5.7) million, or a loss of $(0.33) per share
  - EPS: $(0.33) per share
  - Guidance: reaffirmed
  - Result: reported results
  source text: Total revenue in the third quarter of 2022 was $130.3 million compared to $132.6 million in the prior year quarter.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643615/000095017022023270/0000950170-22-023270-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.