Enviri Corporation Reports Fourth Quarter And Full Year 2023 Results
Enviri Corporation (NVRI)
Company Research
Source: GlobeNewswire
Fourth Quarter Revenues from Continuing Operations Totaled $529 Million, an Increase of 13 Percent Over the Prior-Year QuarterQ4 GAAP Operating Income from Continuing Operations of $28 MillionAdjusted EBITDA from Continuing Operations in Q4 Totaled $73 million, an Increase of 21 Percent Over the Prior-Year QuarterCredit Agreement Net Leverage Ratio Declined Further, to 4.1x at Quarter-EndFull Year 2023 Revenue from Continuing Operations Increased 10 Percent; GAAP Operating Income of $111 Million; and Adjusted EBITDA Totaled $293 Million, an Increase of 28 Percent2024 Adjusted EBITDA Expected to Increase to Between $300 Million and $320 Million PHILADELPHIA, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE: NVRI) today reported fourth quarter 2023 results. On a U.S. GAAP ("GAAP") basis, the fourth quarter of 2023 diluted loss per share from continuing operations was $0.17, after strategic expenses and other unusual items. The adjusted diluted loss
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