---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-039893"
form_type: "8-K"
ticker: "ONT"
cik: "0001643615"
company_name: "Onterris, Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:10:11.054014+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-23-039893
- form_type: 8-K
- ticker: ONT
- cik: 0001643615
- company_name: Onterris, Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1643615/000095017023039893/0000950170-23-039893-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1643615/000095017023039893/meg-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-039893
- JSON: https://secwatch.observer/filing/0000950170-23-039893.json
- Plain text: https://secwatch.observer/filing/0000950170-23-039893.txt

## Key facts
- Earnings Releases
  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
  source text: Total revenue in the second quarter of 2023 was $159.1 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643615/000095017023039893/0000950170-23-039893-index.htm
- Earnings Releases
  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
  source text: Total revenue in the first six months of 2023 increased 5.8% to $290.5 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643615/000095017023039893/0000950170-23-039893-index.htm

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