MEG Q2 2024 Earnings — Montrose Environmental Group, Inc. Revenue & Financial Results | Market Cap Arena

MEGMontrose Environmental Group, Inc.

$949M

Q2 2024 Earnings

Industrials Waste Management

Income Statement

Revenue

$173M+8.9% YoY

Gross Profit

$69M39.9% margin

Operating Income

-$3M-1.5% margin

Net Income

-$10M-5.9% margin

EPS (Diluted)

$-0.39

QoQ Revenue Growth

+11.6%

Cash Flow

Operating Cash Flow

$894,000

Free Cash Flow

-$11M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$944M

Total Liabilities

$402M

Stockholders' Equity

$542M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$173M	$159M	+8.9%
Gross Profit	$69M	$61M	+13.7%
Operating Income	-$3M	-$6M	+56.5%
Net Income	-$10M	-$7M	-41.8%

Revenue Segments

Remediation And Reuse

$65M38%

Measurement And Analysis

$55M32%

Assessment Permitting And Response

$53M31%

Geographic Segments

UNITED STATES

$137M83%

CANADA

$29M17%