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Casella Waste Systems, Inc. Announces First Quarter 2024 Results

Casella Waste Systems, Inc. - Class A (CWST) 
Last casella waste systems, inc. - class a earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.casella.com
Company Research Source: GlobeNewswire
RUTLAND, Vt., April 25, 2024 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, today reported its financial results for the three-month period ended March 31, 2024. Highlights for the Three Months Ended March 31, 2024: Revenues were $341.0 million for the quarter, up $78.4 million, or up 29.9%, from the same period in 2023.Overall solid waste pricing was up 5.5% from the same period in 2023, driven by 6.2% collection price growth and 4.0% disposal price growth.Net loss was $(4.1) million for the quarter, as compared to net income of $3.5 million for the same period in 2023.Adjusted EBITDA, a non-GAAP measure, was $71.0 million for the quarter, up $20.4 million, or up 40.2%, from the same period in 2023. “We had a strong start to the year, driven by the continued execution of our core operating strategies and pricing programs and the successful integration of the acquisitions we completed in Show less Read more
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