Montrose Q3 revenue $132.6M (+56.5% YoY); raises FY Adj. EBITDA guidance to $75-80M

Onterris, Inc.

2022-Q3 EPS reported -$1.40 revenue$402,619,000

Net income of $2.2M vs. $30.7M loss a year ago; Adjusted EBITDA $21.5M, up 28.6%.
FY 2021 Adjusted EBITDA guidance raised to $75-80M from prior $70-75M.
Completed October equity offering (2.875M shares, net $169.8M); pro-forma leverage 0.8x.
Acquired Environmental Chemistry (ECI) in Oct and Horizon Water & Environment in Nov 2021.
Operating cash flow $13.7M YTD; includes $15.5M in contingent earnout payments.

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