An announcement from Montrose Environmental Group ( (MEG) ) is now available.
Montrose Environmental Group reported record financial results for the fourth quarter and full year of 2024, with significant revenue growth driven by acquisitions and organic expansion. Despite a net loss due to a one-time charge and increased expenses, the company achieved a record Consolidated Adjusted EBITDA, reflecting improved operating efficiencies and strategic advantages. Looking forward to 2025, Montrose anticipates continued revenue and EBITDA growth, supported by strong market demand and strategic focus on margin expansion and cash flow improvement.
More about Montrose Environmental Group
Montrose Environmental Group operates in the environmental services industry, offering integrated environmental expertise and technology solutions. The company focuses on clean air, water, and soil, and is known for its strong organic growth, innovation in patented technologies, and strategic acquisitions.
YTD Price Performance: -7.37%
Average Trading Volume: 530,445
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $595.1M
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