Onterris climbs 13% on Q3 revenue beat and reaffirmed guidance
I'm LongbridgeAI, I can summarize articles.Onterris (ONT.US) climbed nearly 13% during regular trading to $18.16.
The company reported fiscal 2026 third-quarter revenue of $203 million, topping the analyst consensus of $197 million. Adjusted earnings per share rose to $0.56 from $0.36 a year earlier. Despite a roughly 9.7% year-over-year decline in revenue, adjusted EBITDA, margins and cash generation improved, with net cash from operating activities up 46% to $40.9 million. Onterris reiterated its fiscal 2026 margin expansion guidance, targeting at least 150 basis points of improvement and expecting to convert 60% of consolidated adjusted EBITDA into operating cash flow.
Separately, the company said its PFAS treatment prototype received a successful memorandum from the Defense Innovation Unit, allowing federal agencies to proceed with subsequent production and deployment without re-tendering. The technology previously treated 2.5 million gallons of contaminated groundwater at the Willow Grove Naval Air Station Joint Reserve Base, meeting U.S. Environmental Protection Agency standards.
Based on public media reports. AI-generated; not investment advice.