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, Inc. (NYSE: MEG) announced the release of its first quarter 2023 earnings on May 9, 2023, after trading hours. The Company will hold a conference call on May 10, 2023, at 8:30 AM EDT, featuring CEO Vijay Manthripragada and CFO Allan Dicks, who will discuss financial results followed by a Q&A session. Participants can join by calling 1-844-826-3035 or 1-412-317-5195. A live webcast will be available on Montrose's website, with a replay accessible for 30 days. Montrose specializes in environmental solutions for commercial and governmental organizations, leveraging over 2,800 employees across 80+ locations worldwide.
Montrose Environmental Group (NYSE: MEG) has appointed John Jackson as its new Chief Information Officer, effective immediately. With over 20 years of experience, Jackson will oversee IT and cybersecurity strategies, focusing initially on enterprise network infrastructure. CEO Vijay Manthripragada praised Jackson's capabilities in talent development and global technology leadership. Jackson, previously CIO at Aerojet Rocketdyne, expressed enthusiasm about Montrose's technology ambitions and market opportunities. This leadership change is expected to enhance Montrose's digital solutions and support its M&A strategy.
Montrose Environmental Group (MEG) reported a strong year in 2022, with total revenue of $544.4 million despite a $125 million decline in CTEH COVID-19 revenues. Excluding CTEH, organic revenue growth reached 41%, driven by advances in Measurement and Analysis and Remediation sectors. Customer revenue retention improved to 96%, while cross-selling activities nearly doubled. However, the company reported a net loss of $31.8 million or $(1.62) per share for the year. For Q4 2022, total revenue was $139.5 million, a slight decrease from the previous year, attributed to lower COVID-19 related services. Montrose remains optimistic about 2023, citing strong business tailwinds and continued M&A activity.
Montrose Environmental Group, Inc. (NYSE: MEG) will release its fourth quarter and full year 2022 earnings on February 28, 2023, post-market. A conference call will take place on March 1, 2023, at 8:30 AM EST, led by CEO Vijay Manthripragada and CFO Allan Dicks, providing insights into the financial results.
Participants can dial in using 1-877-407-9208 or 1-201-493-6784 for international calls. A live webcast will be accessible on Montrose's website, with a replay available for 30 days.
Montrose specializes in environmental solutions, employing over 2,500 staff across 80+ locations globally.
Montrose Environmental Group, Inc. (NYSE: MEG) has acquired Environmental Alliance, Inc. (EAI), an environmental engineering and consulting firm based in the Mid-Atlantic. The acquisition aims to enhance Montrose's service capabilities and scale in the region. EAI, founded in 1991, specializes in environmental solutions for various industries, including real estate and oil and gas. EAI's senior team will join Montrose's Environmental Consulting & Engineering Division, which is part of its Remediation and Reuse segment. The transaction's terms were not disclosed, but the integration is expected to widen Montrose's client base and address increasingly complex environmental challenges.
Montrose Environmental Group, Inc. (NYSE: MEG) will present at the Needham 25th Annual Growth Conference in New York on January 11, 2023, at 9:30 a.m. ET. The presentation will be available on the Company’s website prior to the event. A live audio webcast will also be accessible through the Investors section of the website, with a replay available afterward.
Montrose is a leading environmental solutions provider, employing over 2,500 across 80+ locations, delivering innovative solutions in air measurement, regulatory compliance, and more.