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Onterris shared its third-quarter results, showing $203 million in sales, down from last year.

ResultsRead the original at Benzinga
Good for ONT

Onterris' sales fell $22 million year over year, but core consulting and water treatment grew 13%, and its adjusted profit margin set a 17.7% record. Debt fell and forecasts stayed unchanged; three acquisitions targeted wider reach, though the board review has no end date.

ONT · Onterris

AI read · Good for ONT

The AI's read

The sales decline reflects comparison with a year affected by a major environmental event, rather than a reported fall in core work. Consulting and water treatment grew, and the adjusted profit margin reached a record. Debt fell, and the company kept its long-term sales and profit forecasts unchanged. Three acquisitions targeted wider reach and skills. The board's review has no set end date, but the operating progress supports a favorable reading.

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