NYSE:MEG

Montrose Environmental Group Leadership, 3M Chief Technology Officer Discuss Successful Advancements for Removal of “Forever Chemicals” from Water

Retrieved on: 
Tuesday, May 28, 2024
Chemicals, Plastics, Alternative Energy, Energy, Green Technology, Manufacturing, Sustainability, Technology, Other Natural Resources, Environment, Environmental Health, Natural Resources, Other Technology, Science, Other Science, Engineering, Partnership, Transport, Cleaner, PFAS, Water quality, 3M, Movement, Pleasure, Health, Conference, Bank, Distillation, MEG, Fortune 500, Water, Thought, Management

“Our company is based on innovation and science, and therefore we’re looking for partners in the same vein,” said 3M’s Dr. Banovetz.

Key Points: 
  • “Our company is based on innovation and science, and therefore we’re looking for partners in the same vein,” said 3M’s Dr. Banovetz.
  • “When the Montrose and 3M teams were thinking about how to [remove PFAS from water], sustainability mattered.
  • Further, Montrose has developed technology to clean the spent regenerative solution using distillation and super-loading, allowing for its continued reuse.
  • “We're going to benefit a lot of industries, communities and governments, but most importantly, the health and welfare of communities.”

Montrose Environmental Group to Present With 3M at the Bank of America Securities 31st Annual Transportation, Airlines, and Industrials Conference

Retrieved on: 
Monday, May 13, 2024
Air, Environment, Transport, Sustainability, Transportation, Environmental Issues, Travel, Partnership, PFAS, Movement, Conference, Bank, MEG, Water

Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced that the Company will present at the Bank of America Securities 31st Annual Transportation, Airlines, and Industrials Conference in New York, NY on Wednesday, May 15, 2024 at 11:50 a.m. Eastern Time.

Key Points: 
  • Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced that the Company will present at the Bank of America Securities 31st Annual Transportation, Airlines, and Industrials Conference in New York, NY on Wednesday, May 15, 2024 at 11:50 a.m. Eastern Time.
  • Montrose President and Chief Executive Officer, Vijay Manthripragada, and Montrose Chief Innovation Officer, Steve Woodard Ph.D., will be joined by 3M’s Chief Technology Officer, John Banovetz Ph.D., for a panel discussion.
  • The presentation, “PFAS Panel: Advancing Technology for a Cleaner Tomorrow,” will center on the partnership formed between Montrose and 3M and the innovative approach being implemented to remove PFAS compounds from complex water sources at 3M’s chemical manufacturing sites located in the U.S.
    A live audio webcast will be available at the time of the event and may be accessed through the Investors section of the Company’s website at https://investors.montrose-env.com .
  • A replay of the audio webcast will be available after the event.

Montrose Environmental Group Announces First Quarter 2024 Results

Retrieved on: 
Tuesday, May 7, 2024
Sustainability, Environmental Issues, Environment, Movement, PFAS, International, ETA, Acceleration, Rocky Mountains, Depreciation, Domestic, Pollutant, MEG, Research, Webcast, Process safety management, Public expenditure, Response, Senior, Acquisition, GHG, Consolidated, Intellectual property, Series, GAAP, Reuse

Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the first quarter ended March 31, 2024.

Key Points: 
  • Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the first quarter ended March 31, 2024.
  • Montrose Chief Executive Officer and Director, Vijay Manthripragada, commented, “The momentum in our business continues as we start 2024 with solid first quarter results.
  • Total revenue in the first quarter of 2024 was $155.3 million compared to $131.4 million in the prior year quarter, an increase of 18.2%.
  • First quarter 2024 Consolidated Adjusted EBITDA1 was $16.9 million, compared to $16.6 million in the prior year quarter.

Montrose Environmental Group Announces Timing of First Quarter 2024 Results

Retrieved on: 
Tuesday, April 23, 2024
Sustainability, Green Technology, Environment, Movement, MEG, Conference

Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today that it will issue its first quarter 2024 earnings release on Tuesday, May 7, 2024, after the close of trading on the New York Stock Exchange.

Key Points: 
  • Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) announced today that it will issue its first quarter 2024 earnings release on Tuesday, May 7, 2024, after the close of trading on the New York Stock Exchange.
  • You are invited to participate in the Company’s conference call hosted by CEO Vijay Manthripragada and CFO Allan Dicks on May 8, 2024 at 8:30 AM EDT to discuss the Company’s first quarter financial results.
  • To participate on the day of the call, dial 1-888-886-7786 or internationally 1-416-764-8658 approximately ten minutes before the call and tell the operator you wish to join the Montrose First Quarter 2024 Earnings Conference Call.
  • A live webcast of the conference call will be available in the Investors section of the Montrose website at www.montrose-env.com .

Montrose Environmental Group Announces Pricing of Public Offering of Shares

Retrieved on: 
Thursday, April 18, 2024
Green Technology, Manufacturing, Environment, Engineering, Sustainability, Movement, Sale, William Blair & Company, Prospectus, Acceleration, Broadridge Financial Solutions, MEG, Security (finance), Form S-3, Research, Public expenditure, Form, Equity capital markets, Evercore, Intellectual property, Capital One, BofA Securities, Attention, Telephone, File

Montrose Environmental Group, Inc. (the “Company” or “Montrose”) (NYSE: MEG) announced today the pricing of the previously announced underwritten public offering by the Company of 3,000,000 shares of its common stock at a price of $37.15 per share (before underwriting discounts and commissions).

Key Points: 
  • Montrose Environmental Group, Inc. (the “Company” or “Montrose”) (NYSE: MEG) announced today the pricing of the previously announced underwritten public offering by the Company of 3,000,000 shares of its common stock at a price of $37.15 per share (before underwriting discounts and commissions).
  • The Company has also granted the underwriters a 30-day option to purchase up to an additional 450,000 shares of common stock.
  • All of the securities to be sold in the offering are being offered by the Company.
  • The offering is expected to close on April 22, 2024, subject to the satisfaction of customary closing conditions.

Montrose Environmental Group Announces Public Offering of Shares

Retrieved on: 
Tuesday, April 16, 2024
Green Technology, Manufacturing, Environment, Engineering, Sustainability, Movement, Sale, William Blair & Company, Prospectus, Acceleration, Broadridge Financial Solutions, MEG, Security (finance), Form S-3, Research, Public expenditure, Form, Equity capital markets, Evercore, Intellectual property, BofA Securities, Attention, Telephone, File

Montrose Environmental Group, Inc. (the “Company” or “Montrose”) (NYSE: MEG) announced today that it intends to offer for sale 3,000,000 shares of its common stock in an underwritten public offering.

Key Points: 
  • Montrose Environmental Group, Inc. (the “Company” or “Montrose”) (NYSE: MEG) announced today that it intends to offer for sale 3,000,000 shares of its common stock in an underwritten public offering.
  • All of the securities to be sold in the offering are being offered by the Company.
  • In addition, the Company will grant the underwriters a 30-day option to purchase up to an additional 450,000 shares of common stock.
  • J.P. Morgan, William Blair and Evercore ISI are acting as joint leading book-running managers and representatives of the underwriters for the offering.

Montrose Environmental Group Acquires ETA and Announces Increase to 2024 Revenue and Consolidated Adjusted EBITDA Outlook

Retrieved on: 
Tuesday, April 2, 2024
Other Energy, Sustainability, Environment, Alternative Energy, Energy, Engineering, Green Technology, Manufacturing, ETA, MEG, Biophysical environment, Safety, PSM, Acquisition, Process safety management, Security, Movement

“We have partnered with ETA on client projects for many years and are excited to formally bring them into the Montrose family.

Key Points: 
  • “We have partnered with ETA on client projects for many years and are excited to formally bring them into the Montrose family.
  • We believe they will be highly additive to Montrose’s current Environmental, Health, Safety & Security advisory offerings,” said Vijay Manthripragada, President and Chief Executive Officer of Montrose Environmental Group.
  • We’re excited to get started.”
    Montrose Environmental also today announced an increase to its 2024 Revenue and Consolidated Adjusted EBITDA1 outlook.
  • Given the Company’s continued strong organic performance, an improved 2024 outlook, and the impact of recently closed acquisitions, the Company is raising its full year 2024 Revenue and Consolidated Adjusted EBITDA1 guidance.

Montrose Environmental Group to Present at the Evercore 16th Annual Industrial Conference

Retrieved on: 
Monday, March 4, 2024
Environment, Climate Change, Environmental Issues, Consulting, Environmental Health, Professional Services, Sustainability, Alternative Energy, Green Technology, Energy, MEG, Movement, Conference

Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced that the Company will present at the Evercore 16th Annual Industrial Conference in New York, NY on Tuesday, March 5, 2024 at 4:30 p.m. Eastern Time.

Key Points: 
  • Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced that the Company will present at the Evercore 16th Annual Industrial Conference in New York, NY on Tuesday, March 5, 2024 at 4:30 p.m. Eastern Time.
  • Prior to Montrose’s attendance at this conference, the Company will post a copy of the presentation it intends to use in the Investors section of its website.
  • A live audio webcast will be available at the time of the event and may be accessed through the Investors section of the Company’s website at https://investors.montrose-env.com .
  • A replay of the audio webcast will be available after the event.

Montrose Environmental Group Announces Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Thursday, February 29, 2024
Sustainability, Environmental Issues, Environment, Earnout, Acquisition, Domestic, International, ECT2, Senior, Rocky Mountains, MEG, Assessment, IPO, Series, Income tax, GAAP, Webcast, Reuse, PFAS, EPA, Movement, Wind, Real estate

Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced results for the fourth quarter and full year ended December 31, 2023.
  • Montrose Chief Executive Officer and Director, Vijay Manthripragada, commented, “Our record full year results reflect continued strength across our business.
  • Total revenue in the fourth quarter of 2023 was $165.7 million compared to $139.5 million in the prior year quarter, an increase of 18.8%.
  • Fourth quarter 2023 Consolidated Adjusted EBITDA1 was $17.5 million, compared to $17.8 million in the prior year quarter.

Montrose Environmental Group Acquires Environmental Consultancy Specializing in Regulatory Services in Rocky Mountain Region

Retrieved on: 
Thursday, February 29, 2024
Environment, Climate Change, Environmental Issues, Environmental Health, Oil, Gas, Alternative Energy, Sustainability, Green Technology, Energy, Acquisition, Rocky Mountains, MEG, Culture, Growth, Hydrogen, Environmental health, Reuse, Movement, Wind, Renewable energy

Montrose Environmental Group, Inc. (“Montrose” or “the Company”) (NYSE: MEG), a high-growth global environmental solutions company, today announced the acquisition of Two Dot Consulting, LLC, a leading environmental consultancy specializing in regulatory services to the oil and gas, and renewables sectors in the Rocky Mountain and adjacent regions.

Key Points: 
  • Montrose Environmental Group, Inc. (“Montrose” or “the Company”) (NYSE: MEG), a high-growth global environmental solutions company, today announced the acquisition of Two Dot Consulting, LLC, a leading environmental consultancy specializing in regulatory services to the oil and gas, and renewables sectors in the Rocky Mountain and adjacent regions.
  • Two Dot Consulting is a consulting firm providing environmental services vital to meeting regulatory and planning requirements for the renewable energy, and oil and gas sectors.
  • Headquartered in Arvada, Colorado with offices in Wyoming, Two Dot Consulting’s work spans the Rocky Mountain states and adjacent regions, including Nebraska, Nevada, Texas and New Mexico.
  • “Todd and his team bring a complementary suite of environmental solutions, from regulatory compliance and natural resource management to permitting and stakeholder relations,” said Vijay Manthripragada, President and Chief Executive Officer of Montrose Environmental Group.