Shares of Montrose Environmental Group (NYSE: MEG) are skyrocketing in pre-market trading on Thursday, surging by 31.36% following the release of its impressive second-quarter 2025 financial results and increased full-year guidance. The environmental services company has significantly outperformed analyst expectations, demonstrating robust growth across all business segments.

Montrose reported a stellar performance for Q2 2025, with revenue soaring 35.3% year-over-year to $234.5 million. The company's net income saw a remarkable surge of 280.5% compared to the same quarter last year. Earnings per share came in at $0.63, dramatically beating the analyst consensus estimate of -$0.18. This represents a significant turnaround from the $0.20 per share reported in the same period last year.

Key drivers of this exceptional growth included a notable increase in environmental emergency response revenue, strong organic growth across all segments, and strategic acquisitions. The company's consolidated adjusted EBITDA grew by 69.8%, with a 340 basis points improvement in its percentage of revenue compared to the previous year. In light of these strong results, Montrose has raised its full-year 2025 guidance, projecting a 17% revenue growth over FY24 and a 19% growth in consolidated adjusted EBITDA. CEO Vijay Manthripragada attributed the success to strong momentum across all three segments and highlighted the achievement of balance sheet simplification and leverage objectives six months ahead of schedule.