secwatch.observer — SEC 8-K summary
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Issuer:     Onterris, Inc. (ONT)
CIK:        0001643615
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0000950170-24-054601
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Montrose Q1 revenue $155.3M (+18% YoY); Adj. EBITDA $16.9M; net loss $0.53/sh
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1643615/000095017024054601/0000950170-24-054601-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1643615/000095017024054601/meg-20240507.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-054601

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