Montrose Q2 revenue surges 35% to $234.5M; net income of $18.4M vs loss, raises FY guidance

Onterris, Inc.

2025-Q2 EPS reported -$0.15 revenue$412,377,000

Revenue of $234.5M, up 35.3% YoY; net income of $18.4M ($0.42 EPS) vs net loss of $10.2M a year ago.
Consolidated Adjusted EBITDA of $39.6M, up 69.8% YoY; margin expanded 340 bps to 16.9%.
Raised full-year 2025 revenue guidance to $795M-$835M and Adjusted EBITDA to $111M-$117M.
Redeemed remaining $62.2M of Series A-2 Preferred Stock on July 1, 2025, simplifying capital structure.
First-half operating cash flow improved $48.5M to $27.4M; leverage ratio 2.5x as of June 30.

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