Casella Waste Systems Inc. reported financial results for the first quarter of 2025, revealing revenues of $417.1 million, an increase of $76.1 million or 22.3% compared to the same period in 2024. The increase in sales was attributed to sustained collection and disposal price growth, the impact of acquisitions, and strong growth in the National Accounts segment within the Resource Solutions division. The company reported a net loss of $4.8 million for the quarter, a decrease of $0.7 million compared to a net loss of $4.1 million in the same period in 2024. Adjusted EBITDA, a non-GAAP measure, was $86.4 million for the quarter, up $15.4 million or 21.7% from the same period in 2024. In terms of business developments, Casella Waste Systems completed four acquisitions year-to-date, contributing approximately $50 million in annualized revenue. The company noted that acquisitions remain a key strategic priority, and they continue to pursue a robust pipeline of potential deals to drive future value creation. Despite uncertainties in the overall economy, the company stated that its business is performing well and its guidance for the year remains unchanged.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。