secwatch.observer — SEC 8-K summary
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Issuer:     Onterris, Inc. (ONT)
CIK:        0001643615
Form:       8-K
Filed at:   2024-11-06T23:59:59+00:00
Accession:  0000950170-24-122380
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1643615/000095017024122380/0000950170-24-122380-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1643615/000095017024122380/meg-20241106.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-122380

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