Onterris Q2 revenue down 20% to $186.7M; cuts FY guidance; launches strategic review and rights plan

Onterris, Inc.

Q2 revenue $186.7M (down 20% YoY); net income $1.4M ($0.04 EPS) vs $18.4M ($0.42 EPS) prior year.
Adjusted EBITDA $31.9M (17.1% margin) vs $39.6M (16.9% margin); Adj EPS $0.51 vs $0.60.
FY2026 guidance cut: revenue $740M-$790M (from $840M-$900M); Adj EBITDA $117M-$120M (from $125M-$130M).
Board-led strategic review of alternatives including potential sale; adopted one-year rights plan due to undisclosed share accumulation.
H1 2026 share repurchases of 1.6M shares for $30M; expects year-end leverage ~2.5x.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.