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Montrose Environmental Group Inc - MEG STOCK NEWS

Welcome to our dedicated news page for Montrose Environmental Group (Ticker: MEG), a resource for investors and traders seeking the latest updates and insights on Montrose Environmental Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Montrose Environmental Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Montrose Environmental Group's position in the market.

News
Montrose Environmental Group Announces Timing of First Quarter 2024 Results
Rhea-AI Summary
Montrose Environmental Group, Inc. (NYSE: MEG) will release its first quarter 2024 earnings on May 7, 2024, followed by a conference call on May 8, 2024, with CEO Vijay Manthripragada and CFO Allan Dicks discussing the financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.79%
Tags
earnings
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News
Montrose Environmental Group Announces Pricing of Public Offering of Shares
Rhea-AI Summary
Montrose Environmental Group, Inc. (NYSE: MEG) has announced the pricing of a public offering of 3,000,000 shares of common stock at $37.15 per share, with an option for additional shares. The offering is expected to close on April 22, 2024, with proceeds to be used for corporate purposes and strategic growth initiatives. J.P. Morgan, William Blair, and Evercore ISI are the leading book-running managers for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.84%
Tags
offering
-
News
Montrose Environmental Group Announces Public Offering of Shares
Rhea-AI Summary
Montrose Environmental Group, Inc. (MEG) has announced a public offering of 3,000,000 shares of its common stock, with an option for an additional 450,000 shares. The net proceeds will be used for general corporate purposes and strategic growth initiatives. J.P. Morgan, William Blair, and Evercore ISI are the leading book-running managers for the offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.44%
Tags
offering
News
Montrose Environmental Group Acquires ETA and Announces Increase to 2024 Revenue and Consolidated Adjusted EBITDA Outlook
Rhea-AI Summary
Montrose Environmental Group, Inc. acquires Engineering & Technical Associates, Inc. to enhance its Process Safety Management offerings. The company also raises its 2024 Revenue and Consolidated Adjusted EBITDA outlook, showcasing strong organic performance and the impact of recent acquisitions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.6%
Tags
acquisition
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News
Montrose Environmental Group to Present at the Evercore 16th Annual Industrial Conference
Rhea-AI Summary
Montrose Environmental Group, Inc. (NYSE: MEG) will present at the Evercore 16th Annual Industrial Conference in New York. The presentation will be available on their website with a live webcast and replay.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.53%
Tags
conferences
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News
Montrose Environmental Group Announces Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Montrose Environmental Group, Inc. (MEG) reported record full year revenue and cash flow, with a net loss of $30.9 million. The company achieved a significant increase in diluted adjusted net income per share and consolidated adjusted EBITDA. They continued consolidating the industry with accretive acquisitions and expanded their R&D initiatives and IP portfolio. The outlook for 2024 includes low double-digit organic revenue growth and continued margin expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
25.36%
Tags
earnings
News
Montrose Environmental Group Acquires Environmental Consultancy Specializing in Regulatory Services in Rocky Mountain Region
Rhea-AI Summary
Montrose Environmental Group, Inc. (MEG) acquires Two Dot Consulting, LLC, a leading environmental consultancy specializing in regulatory services for oil and gas and renewables sectors. The acquisition aims to enhance Montrose's service offerings in the Rocky Mountain and adjacent regions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
25.36%
Tags
acquisition
-
News
Montrose Environmental Group Announces Timing of Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Montrose Environmental Group, Inc. (MEG) will release its Q4 and full-year 2023 earnings on February 29, 2024. CEO Vijay Manthripragada and CFO Allan Dicks will host a conference call to discuss the financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.51%
Tags
earnings
-
News
Montrose Environmental Group Upsizes Credit Facility to $400 Million
Rhea-AI Summary
Montrose Environmental Group, Inc. (MEG) increases its Senior Secured Credit Agreement to $400 million, with $100 million in additional availability for working capital, growth initiatives, and general corporate purposes. The Credit Facility includes a $50 million increase in the revolving credit facility and a $50 million increase in the term loan, maintaining the interest rate and maturity date until April 2026.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.78%
Tags
none
News
Montrose Environmental Group Acquires Epic Environmental, Expanding Consultative and Engineering Services in Australia
Rhea-AI Summary
Montrose Environmental Group, Inc. (MEG) has acquired Epic Environmental Pty Ltd, a leading environmental consultancy in Australia. The acquisition aims to expand Montrose's capabilities and services in the Australian market. Epic Environmental's team will join Montrose's Consulting and Engineering division, providing environmental planning, contaminated land management, waste management, and remediation services. The acquisition is expected to accelerate Montrose's growth in Australia and enhance its environmental solutions platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
acquisition
Stock MEG logo
Montrose Environmental Group Inc

NYSE:MEG

MEG Rankings

#2158 Ranked by Market Cap
#4644 Ranked by Stock Gains
N/A Ranked by Dividends

MEG Stock Data

1.36B
28.07M
7.59%
92.2%
2.73%
Administrative Management and General Management Consulting Services
Professional, Scientific, and Technical Services
Link
US
North Little Rock

About MEG

montrose environmental group, inc. is a national, high-growth environmental company offering air quality, environmental laboratory, and regulatory compliance services to a diverse range of clients in industry and government. montrose operates under a variety of different brands across the country. each brand is well-established and represents a long tradition of delivering high-quality environmental services to our clients. headquartered in orange county, california, montrose environmental group, inc. has 42+ offices and 750+ employees nationwide.