NORTH LITTLE ROCK, Ark. (AP) _ Montrose Environmental Group, Inc. (MEG) on Monday reported a loss of $7.8 million in its second quarter.
The North Little Rock, Arkansas-based company said it had a loss of 40 cents per share. Earnings, adjusted for one-time gains and costs, came to 3 cents per share.
The results topped Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for a loss of 12 cents per share.
The company posted revenue of $139.9 million in the period, which also beat Street forecasts. Five analysts surveyed by Zacks expected $137.9 million.
Montrose Environmental expects full-year revenue in the range of $520 million to $570 million.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MEG at https://www.zacks.com/ap/MEG
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