Montrose Environmental Q3 revenue $178.7M (+6.4% YoY), Adj EBITDA $28.3M (+21.5%), reaffirms FY guidance

Onterris, Inc.

2024-Q3 EPS reported -$1.30 revenue$507,337,000

Record Q3 revenue $178.7M, net loss $10.6M ($0.39 LPS), but Adjusted Net Income $19.1M ($0.41 Adj EPS vs $0.31 prior year).
Record Q3 Consolidated Adjusted EBITDA $28.3M, margin 15.8%, up 21.5% YoY from $23.3M.
Reaffirms FY2024 revenue guidance $690M-$740M and Consolidated Adjusted EBITDA $95M-$100M.
COO Joshua LeMaire steps down Dec 31, 2024; becomes Senior Advisor from Jan 1, 2025 with reduced compensation.
Near-term capital priority: redeem preferred equity and delever; acquisitions de-emphasized; focus on cash flow.

item 2.02 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

Joshua LeMaire

Chief Operating Officer

ONT · Onterris, Inc.

Effective: 2024-12-31
Filed: November 6, 2024, 6:59 PM ET

On October 31, 2024, Joshua LeMaire, Chief Operating Officer, notified the Company of his decision to step down as Chief Operating Officer effective December 31, 2024.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Joshua LeMaire changed role as Chief Operating Officer at Onterris, Inc..

Action: stepped down
Role: Chief Operating Officer

Exact text from the filing

On October 31, 2024, Joshua LeMaire, Chief Operating Officer, notified the Company of his decision to step down as Chief Operating Officer effective December 31, 2024.

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Onterris, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-24-122380

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