Welcome to our dedicated page for Montrose Environmental Group news (Ticker: MEG), a resource for investors and traders seeking the latest updates and insights on Montrose Environmental Group stock.
Montrose Environmental Group Inc (NYSE: MEG) provides essential environmental solutions through its three core service segments: consulting assessments, analytical testing, and remediation engineering. This news hub delivers timely updates on regulatory developments, project milestones, and corporate initiatives impacting the environmental services sector.
Investors and industry professionals will find curated press releases covering earnings announcements, strategic acquisitions, and technological innovations. Our collection features updates on PFAS remediation advancements, air quality compliance programs, and government contract awards that demonstrate MEG's market leadership.
The page organizes news into key categories including quarterly financial results, environmental policy changes, and major remediation project updates. Each entry provides direct access to primary sources while maintaining neutral analysis appropriate for both institutional investors and sustainability-focused stakeholders.
Bookmark this resource for structured updates on MEG's progress in water treatment technologies, regulatory compliance strategies, and sustainable remediation practices. Regular visitors gain strategic insights into how environmental industry trends translate to corporate performance metrics.
Montrose Environmental Group (NYSE: MEG) has affirmed its 2025 guidance, citing continued strong demand for its environmental solutions. The company maintains a positive outlook despite macro market and regulatory fluctuations, highlighting the resilience of its business model.
The environmental services provider reports solid client retention, particularly from private sector companies operating under various regulatory frameworks. Key growth drivers include:
- Increased influence of U.S. state governments
- Growing momentum from energy sector clients
- Sustained performance in international operations
- Technological advantages in clean air and water solutions
CEO Vijay Manthripragada expressed confidence in the company's outlook for 2025 and beyond, emphasizing MEG's relative insulation from tariffs and federal government changes.
Montrose Environmental Group (NYSE: MEG) has secured four prestigious E+E Leader Product & Project Awards, highlighting their environmental innovation and impact. The company won three Top Project Environmental Impact awards for: achieving 100% compliance with real-time emission tracking for Phillips 66, deploying state-of-the-art leak detection sensor network in Gulf Coast refinery, and partnering to achieve Gold Star Oil and Gas Methane Partnership status.
Additionally, MEG received the Top Product Business & Infrastructure award for their VaporDeck™ soil gas collection technology. The E+E Leader Awards program recognizes excellence in products and services that deliver environmental benefits and improve sustainability outcomes.
The awards were evaluated by independent judges from over 20 companies, validating MEG's commitment to environmental protection through science, technology, and data-driven innovation.
Montrose Environmental Group (NYSE: MEG) reported significant growth in its Measurement & Analysis segment, achieving a 13.8% year-over-year increase. The company's success is attributed to its strong client partnerships and quick turnaround analytical services.
The environmental solutions firm stands out for its advanced laboratory services, backed by over 60 industry accreditations, including the distinction of being the U.S.'s first and only lab accredited for EPA Method 327. The company specializes in providing data-informed decisions for environmental compliance, safety, and public health initiatives.
Client testimonials from Axine Water Technologies, Geosyntec Consultants, and Aqua Virginia highlight Montrose's expertise in regulatory knowledge, technical capabilities, and consistent service delivery across various environmental projects.
Montrose Environmental Group (NYSE: MEG) has been selected by the US Air Force as one of several top environmental firms for a $1.5 billion Multiple Award Task Order Contract (MATOC). The 10-year contract involves environmental restoration and planning work at Air Force installations worldwide.
In partnership with Tanaq Environmental, an Alaska Native , Montrose will work on projects addressing environmental remediation of traditional and emerging contaminants, including PFAS, along with environmental planning and support services. The company will receive a portion of the total contract value, though no financial impact is anticipated in 2025 as the Air Force has not yet initiated purchase orders. The contract is not reflected in Montrose's 2025 financial guidance provided on February 26, 2025.
Montrose Environmental Group (NYSE: MEG) has announced its participation in the upcoming Evercore 17th Annual Industrial Conference. The event is scheduled to take place on Tuesday, March 4, 2025, in New York, New York. Montrose, a company dedicated to environmental protection focusing on air, water, and soil quality, will be among the attendees at this significant industrial sector gathering.
Montrose Environmental Group (NYSE: MEG) reported record financial results for Q4 and full year 2024. Q4 revenue reached $189.1 million, up 14.1% year-over-year, while full-year revenue grew 11.6% to $696.4 million.
The company posted a Q4 net loss of $28.2 million ($0.90 per share), primarily due to a one-time $18.0 million charge related to executive Stock Appreciation Rights cancellation. Q4 Adjusted EBITDA increased 55.8% to $27.2 million.
For 2025, MEG projects revenue between $735.0-785.0 million and Adjusted EBITDA of $101.0-108.0 million, maintaining organic growth expectations of 7-9%. The company's leverage ratio stands at 2.1x, with $296.7 million in liquidity as of December 31, 2024.
Montrose Environmental Group (NYSE: MEG) has appointed Vincent Colman to its Board of Directors and Audit Committee, effective February 19, 2025. Colman brings nearly 40 years of experience from PricewaterhouseCoopers (PwC), where he worked with numerous Fortune 500 companies.
The Board has determined that Colman qualifies as an independent director and audit committee financial expert. His expertise spans leadership development, strategy development, and public company reporting and governance. Colman's background includes serving on several prestigious committees, including the Center for Audit Quality Executive Committee and FASB's Financial Accounting Standards Advisory Council.
The appointment aligns with Montrose's strategy to enhance shareholder value through experienced leadership. Colman holds a B.S. in Accounting from St. John's University, graduating magna cum laude.
Montrose Environmental Group (NYSE: MEG) has announced the schedule for its fourth quarter and full year 2024 financial results release and conference call. The company will release its results on Wednesday, February 26, 2025, after the NYSE trading closes. A conference call to discuss the results and future outlook is scheduled for Thursday, February 27, 2025, at 8:30 a.m. Eastern Time.
Investors can access the live webcast through the Investors section of Montrose's website at www.montrose-env.com. Alternatively, participants can join the call by dialing 1-844-826-3035 (US) or 1-412-317-5195 (International). A replay will be available on the company's website for 30 days following the live call.
Montrose Environmental Group (NYSE: MEG) has announced changes to its participation in the Needham 27th Annual Growth Conference due to wildfires in southern California. The company will now present virtually on Thursday, January 16, 2025, at 8:45 a.m. Eastern Time.
While MEG's operations remain unaffected by the wildfires, the company's leadership team is actively engaging with impacted clients, colleagues, and other stakeholders. Investors can access the live audio webcast through the Investors section of Montrose's website, with a replay available after the event.
Montrose Environmental Group (NYSE: MEG) has announced its participation in the Needham 27th Annual Growth Conference in New York. The company's presentation is scheduled for Tuesday, January 14, 2025, at 9:30 a.m. Eastern Time.
MEG will make their presentation materials available in the Investors section of their website before the conference. Interested parties can access a live audio webcast of the presentation through the company's investor relations website at https://investors.montrose-env.com. For those unable to attend live, a replay of the webcast will be available in the same section after the event.
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