Montrose Environmental Group Inc Q1 2023 Earnings Call Transcript - Thomson StreetEvents

Montrose Environmental Group Inc Q1 2023 Earnings Call Transcript

Montrose Environmental Group Inc Q1 2023 Earnings Call Transcript - Thomson StreetEvents
Montrose Environmental Group Inc Q1 2023 Earnings Call Transcript
Published May 10, 2023
10 pages (5932 words) — Published May 10, 2023
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About This Report

  
Abstract:

Edited Transcript of MEG.N earnings conference call or presentation 10-May-23 12:30pm GMT

  
Brief Excerpt:

...Thank you, Rodny, and welcome to all of you joining us today. I will provide you with business highlights, Allan will provide you with financial highlights, and we will then open it up to Q&A....

  
Report Type:

Transcript

Source:
Company:
Montrose Environmental Group Inc
Ticker
MEG.N
Time
12:30pm GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Samuel Kusswurm - William Blair & Company L.L.C., Research Division - Analyst : This is Sam Kusswurm on for Tim. I guess I'll focus my questions more on the Matrix Solutions acquisition. I guess to start, can you give us a sense of the size of this acquisition? We noticed Matrix had I think 570 employees, and CTEH had 170 employees when you first acquired it. So it seems like this might be a pretty sizable acquisition.


Question: Samuel Kusswurm - William Blair & Company L.L.C., Research Division - Analyst : Well, maybe more of a broad question then. I think your last 2 acquisitions, we noticed they're both headquartered in Canada. Maybe you could just share your thoughts, I guess, on the market opportunity in Canada and how you would characterize that relative to the United States.


Question: Samuel Kusswurm - William Blair & Company L.L.C., Research Division - Analyst : Maybe one last one for me then related more to the guidance, I guess. Can you maybe share what you expect GreenPath to generate revenue for the remainder of 2023 and its approximate EBITDA margin? I guess we're trying to figure out how much of the EBITDA guidance raise today was attributable to that acquisition.


Question: Christopher Grenga - Needham & Company, LLC, Research Division - Analyst : This is Chris Grenga on for Jim. You had mentioned that the assessment and permitting segment margin benefited from mix and pricing. How are you thinking about that margin level improvement on a go-forward basis? And how should we be thinking about the durability of that margin?


Question: Christopher Grenga - Needham & Company, LLC, Research Division - Analyst : And could you maybe perhaps expand on what end markets you're seeing the most activity from? It sounded like oil and gas we're seeing a lot of activity. Are there any other areas that are worth highlighting in terms of activity levels?


Question: Christopher Grenga - Needham & Company, LLC, Research Division - Analyst : Yes, thank you.

Table Of Contents

Montrose Environmental Group Inc Q3 2024 Earnings Call Transcript – 2024-11-07 – US$ 54.00 – Edited Transcript of MEG.N earnings conference call or presentation 7-Nov-24 1:30pm GMT

Montrose Environmental Group Inc Q1 2024 Earnings Call Transcript – 2024-05-08 – US$ 54.00 – Edited Transcript of MEG.N earnings conference call or presentation 8-May-24 12:30pm GMT

Montrose Environmental Group Inc Q3 2023 Earnings Call Transcript – 2023-11-08 – US$ 54.00 – Edited Transcript of MEG.N earnings conference call or presentation 8-Nov-23 1:30pm GMT

Montrose Environmental Group Inc Q2 2023 Earnings Call Transcript – 2023-08-09 – US$ 54.00 – Edited Transcript of MEG.N earnings conference call or presentation 9-Aug-23 12:30pm GMT

Montrose Environmental Group Inc at William Blair Growth Stock Conference Transcript – 2023-06-06 – US$ 54.00 – Edited Transcript of MEG.N presentation 6-Jun-23 5:00pm GMT

Montrose Environmental Group Inc Q4 2022 Earnings Call Transcript – 2023-03-01 – US$ 54.00 – Edited Transcript of MEG.N earnings conference call or presentation 1-Mar-23 1:30pm GMT

Montrose Environmental Group Inc at JPMorgan Ultimate Services Conference Transcript – 2022-11-17 – US$ 54.00 – Edited Transcript of MEG.N presentation 17-Nov-22 9:15pm GMT

Montrose Environmental Group Inc Q3 2022 Earnings Call Transcript – 2022-11-09 – US$ 54.00 – Edited Transcript of MEG.N earnings conference call or presentation 9-Nov-22 1:30pm GMT

Montrose Environmental Group Inc at Morgan Stanley Laguna Conference Transcript – 2022-09-15 – US$ 54.00 – Edited Transcript of MEG.N presentation 15-Sep-22 6:40pm GMT

Montrose Environmental Group Inc Q2 2022 Earnings Call Transcript – 2022-08-09 – US$ 54.00 – Edited Transcript of MEG.N earnings conference call or presentation 9-Aug-22 12:30pm GMT

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Thomson StreetEvents. "Montrose Environmental Group Inc Q1 2023 Earnings Call Transcript" May 10, 2023. Alacra Store. May 23, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2023-Montrose-Environmental-Group-Inc-Earnings-Call-T15559932>
  
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Thomson StreetEvents. (2023). Montrose Environmental Group Inc Q1 2023 Earnings Call Transcript May 10, 2023. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2023-Montrose-Environmental-Group-Inc-Earnings-Call-T15559932>
  
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