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Montrose Environmental Raises Outlook on Q3 Revenue Growth, Reports $8.4M Profit
Summary by Arkansas Business
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Montrose Environmental Raises Outlook on Q3 Revenue Growth, Reports $8.4M Profit
Montrose Environmental Group Inc. of North Little Rock (NYSE: MEG) on Tuesday again raised its guidance for 2025 after swinging to profitability on strong revenue growth in the third quarter. The environmental services firm reported net income of $8.4 million, compared to a loss of $10.6 million a year ago. Per share, earnings came to 21 cents. Earnings adjusted for one-time gains and costs were 36 cents per share. The results beat Wall Street e…
The environmental giant is still aiming for organic growth in its gross operating surplus of 5% to 6%, as well as a "solid" growth in its organic and non-energy turnover.
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Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
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C 100%
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