Onterris Reports Third Quarter Results, Reiterates Full-Year 2026 Guidance, Announces Completed Acquisitions, and Provides Update on Board-led Strategic Review Process
Ongoing Strategic Review
Board-led strategic review remains ongoing
To date, the Company has engaged with a number of strategic and financial parties
The Company engaged Evercore Group L.L.C. and AEC Advisors LLC as financial advisors and Kirkland & Ellis LLP as legal counsel in connection with the review
Third Quarter 2026 Highlights (comparisons to third quarter 2025)
Revenue of $203.0 million, compared to $224.9 million, reflects lower recovery services revenue from a large-scale environmental emergency response in the prior year period
Net income increased to $9.0 million, or $0.24 per diluted share attributable to common stockholders (EPS), compared with $8.4 million,