MEG Q2 2022 Earnings — Montrose Environmental Group, Inc. Revenue & Financial Results | Market Cap Arena

MEGMontrose Environmental Group, Inc.

$949M

Q2 2022 Earnings

Industrials Waste Management

Income Statement

Revenue

$140M+2.7% YoY

Gross Profit

$49M35.4% margin

Operating Income

-$6M-4.1% margin

Net Income

-$8M-5.5% margin

EPS (Diluted)

$-0.40

QoQ Revenue Growth

+3.9%

Cash Flow

Operating Cash Flow

$15M

Free Cash Flow

$12M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$788M

Total Liabilities

$473M

Stockholders' Equity

$315M

Cash & Equivalents

$98M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$140M	$136M	+2.7%
Gross Profit	$49M	$44M	+12.2%
Operating Income	-$6M	-$6M	+5.7%
Net Income	-$8M	-$13M	+41.0%

Revenue Segments

Assessment Permitting And Response

$50M36%

Remediation And Reuse

$48M34%

Measurement And Analysis

$42M30%