MEG Q3 2022 Earnings — Montrose Environmental Group, Inc. Revenue & Financial Results | Market Cap Arena

MEGMontrose Environmental Group, Inc.

$949M

Q3 2022 Earnings

Industrials Waste Management

Income Statement

Revenue

$130M-1.7% YoY

Gross Profit

$48M36.9% margin

Operating Income

-$6M-4.9% margin

Net Income

-$6M-4.4% margin

EPS (Diluted)

$-0.33

QoQ Revenue Growth

-6.9%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$9M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$789M

Total Liabilities

$473M

Stockholders' Equity

$316M

Cash & Equivalents

$94M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$130M	$133M	-1.7%
Gross Profit	$48M	$47M	+1.6%
Operating Income	-$6M	$5M	-218.2%
Net Income	-$6M	$2M	-357.0%

Revenue Segments

Assessment Permitting And Response

$46M36%

Measurement And Analysis

$44M34%

Remediation And Reuse

$40M31%