earnings
confidence high
sentiment positive
materiality 0.75
Montrose Q1 revenue $155.3M (+18% YoY); Adj. EBITDA $16.9M; net loss $0.53/sh
Onterris, Inc.
2024-Q1 EPS reported
-$0.53
revenue$155,325,000
- Record Q1 revenue of $155.3M, up 18.2% YoY, driven by organic growth and acquisitions.
- Net loss of $13.4M ($0.53 per share); adjusted net income of $8.4M ($0.16 per share).
- Consolidated Adjusted EBITDA $16.9M vs $16.6M prior year; margin declined due to Matrix seasonality.
- Completed $60M Series A-2 preferred stock redemption, amended credit facility adding $100M availability, and $122.4M public offering in April.
- Reiterated FY2024 guidance: revenue $690-740M, Adj. EBITDA $95-100M; executed three accretive acquisitions.