MEG Q1 2024 Earnings — Montrose Environmental Group, Inc. Revenue & Financial Results | Market Cap Arena

MEGMontrose Environmental Group, Inc.

$949M

Q1 2024 Earnings

Industrials Waste Management

Income Statement

Revenue

$155M+18.2% YoY

Gross Profit

$59M37.8% margin

Operating Income

-$10M-6.5% margin

Net Income

-$13M-8.6% margin

EPS (Diluted)

$-0.53

QoQ Revenue Growth

-6.3%

Cash Flow

Operating Cash Flow

-$22M

Free Cash Flow

-$29M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$918M

Total Liabilities

$501M

Stockholders' Equity

$417M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$155M	$131M	+18.2%
Gross Profit	$59M	$50M	+18.0%
Operating Income	-$10M	-$10M	-0.9%
Net Income	-$13M	-$15M	+9.3%

Revenue Segments

Assessment Permitting And Response

$59M38%

Remediation And Reuse

$51M33%

Measurement And Analysis

$45M29%

Geographic Segments

UNITED STATES

$129M86%

CANADA

$21M14%