Advanced Disposal Announces Second Quarter Results
ADVANCED DISPOSAL SERVICES INC (ADSW)
Last advanced disposal services inc earnings: 2/20 04:08 pm
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US:NYSE Investor Relations:
ir.advanceddisposal.com/m
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Source: PR Newswire
PONTE VEDRA, Fla., Aug. 1, 2018 /PRNewswire/ -- Advanced Disposal Services, Inc. (NYSE: ADSW), (d/b/a Advanced Disposal) announced today revenue of $398.1 million for the three months ended June 30, 2018 versus $383.1 million in the same period of the prior year. Net income during the second quarter 2018 was $9.7 million, or $0.11 per diluted share and adjusted net income, which excludes certain gains and expenses, was $17.3 million, or $0.19 per diluted share. Second quarter 2017 net loss was $0.2 million, or $0.00 per diluted share, and adjusted net income was $13.8 million, or $0.16 per diluted share, in the prior year. "Advanced Disposal continues to improve its overall profitability led by disciplined pricing that is helping to drive gains in operating income, net income, and adjusted EBITDA," said Richard Burke, CEO. "We have also generated operating cash flow of $163.2 million and adjusted free cash flow of $81.3 million year-to-date. Based on our year-t
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