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.
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