Ryan Gilbert's questions to Montrose Environmental Group Inc (MEG) leadership • Q4 2024
Question
Ryan Gilbert from Stifel inquired about the performance of the emergency response (ER) business early in the year and its drivers. He also asked about the potential for international revenue to grow as a percentage of the company's total revenue and what factors would drive that expansion.
Answer
CEO Vijay Manthripragada responded that ER work is steady and in line with the full-year outlook of $50 million to $70 million, with no abnormal projects to note. Regarding international growth, he explained that while markets in Canada, Australia, and Europe are performing well, the company will remain predominantly North America-based, and the overall revenue mix is not expected to deviate significantly in the near term.