Benzinga | Aug 16, 2021 04:24PM EDT

Atlas Technical Consultants Reaffirms FY21 Gross Guidance Of $520M-$540M

Full Year 2021 Outlook Reiterated

* Adjusted 2021 EBITDA expected to be in a range of $73 million to $80 million. Run rate Adjusted EBITDA (pro forma assuming AEL and OSG had been closed on January 1, 2021) estimated at $76 million to $83 million.

* Gross revenue anticipated to be in a range of $520 million to $540 million, with net revenue and self-performance continuing to be an area of focus for margin enhancement.

* The reiterated outlook reflects the continued strength of backlog, the addition of the AEL and OSG acquisitions and current visibility on the timing of work.