Montrose Environmental Group Reports Record Fourth Quarter and Full Year 2024 Results and Provides Strong 2025 Guidance
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Montrose Environmental Group (NYSE: MEG) reported record revenue and EBITDA for Q4 and full year 2024, despite a net loss. The company provided strong guidance for 2025, expecting continued revenue growth and margin expansion.
February 26, 2025 | 9:45 pm
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Montrose Environmental Group reported record revenue and EBITDA for Q4 and full year 2024, despite a net loss. The company expects continued growth in 2025 with revenue between $735M and $785M and EBITDA between $101M and $108M.
The record revenue and EBITDA indicate strong operational performance, which is positive for the stock. The guidance for 2025 suggests continued growth, likely boosting investor confidence and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100