Montrose Q2 revenue up 13.7% to $159.1M, raises FY guidance

Onterris, Inc.

2023-Q2 EPS reported -$1.00 revenue$290,529,000

Revenue $159.1M (+13.7% YoY); net loss $(7.2)M ($(0.38)/share) vs $(7.8)M loss a year ago.
Consolidated Adjusted EBITDA $21.2M (13.3% of revenue) vs $15.6M (11.2%) prior year.
Adjusted Net Income $8.9M ($0.16/share) vs $5.4M ($0.04) prior year.
FY2023 guidance raised: revenue $590M-$640M (was $550M-$600M); Adj. EBITDA $75M-$81M (was $70M-$76M).
Acquired GreenPath Energy (May), Matrix Solutions (June), Vandrensning (July) expanding Canada/Europe footprint.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Onterris, Inc. reported the second quarter ended June 30, 2023 results: revenue Total revenue in the second quarter of 2023 was $159.1 million, net income Net loss was $(7.2) million, or a loss of $(0.38) per share, EPS a loss of $(0.38) per share. Guidance raised.

Period: the second quarter ended June 30, 2023
Revenue: Total revenue in the second quarter of 2023 was $159.1 million
Net income: Net loss was $(7.2) million, or a loss of $(0.38) per share
EPS: a loss of $(0.38) per share
Guidance: raised
Result: reported results

Exact text from the filing

Total revenue in the second quarter of 2023 was $159.1 million

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Onterris, Inc. reported the first six months of 2023 results: revenue Total revenue in the first six months of 2023 increased 5.8% to $290.5 million, net income Net loss was $(21.9) million, or $(1.00) per share, EPS a loss of $(1.00) per share. Guidance raised.

Period: the first six months of 2023
Revenue: Total revenue in the first six months of 2023 increased 5.8% to $290.5 million
Net income: Net loss was $(21.9) million, or $(1.00) per share
EPS: a loss of $(1.00) per share
Guidance: raised
Result: reported results

Exact text from the filing

Total revenue in the first six months of 2023 increased 5.8% to $290.5 million

View on SEC.gov

8 earnings releases filed in the last 30 days. Browse all earnings releases →

Onterris, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-23-039893

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