Please refer to "Non-GAAP Liquidity Measures" included in "Unaudited Reconciliation of Certain Non-GAAP Measures" below for additional information and reconciliation of Adjusted Free Cash Flow to its most directly comparable GAAP measure. • Net income between $35 million and $45 million. • Net cash provided by operating activities between $260 million and $270 million. Conference Call to Discuss Quarter CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (In thousand ...

RUTLAND, Vt., April 08, 2024 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, will release its financial results for the three months ended March 31, 2024 after the market closes on Thursday, April 25, 2024. The company will host a conference call to discuss these results on Friday, April 26, 2024 at 10:00 a.m. Eastern Time. Individuals interested in participating in the call should register by clicking here to obtai ...

RUTLAND, Vt., April 08, 2024 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, will release its financial results for the three months ended March 31, 2024 after the market closes on Thursday, April 25, 2024. The company will host a conference call to discuss these results on Friday, April 26, 2024 at 10:00 a.m. Eastern Time. Individuals interested in participating in the call should register by clicking here to obtai ...

NEW YORK--(BUSINESS WIRE)--Viridi Energy (“Viridi” or “the firm”), a leading renewable natural gas (RNG) platform, announced today that it has acquired a legacy biosolids digester plant in Brunswick, Maine, with plans to transform the site into an industry-leading waste-to-RNG facility. The facility will generate valuable renewable energy and help power the local community, offer a sustainable and cost-effective solution for managing biosolids, and support compliance with local regulations aimed at mitigati ...

RUTLAND, Vt., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, announced today that the company’s management will be participating at the following investor conferences: Raymond James 45th Annual Institutional Investors ConferenceTuesday, March 5, 2024 Jefferies 2024 Business Services SummitThursday, March 21, 2024 Gabelli 10th Annual Waste & Environmental Services SymposiumThursday, April 4, 2024 A cop ...

RUTLAND, Vt., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, announced today that the company’s management will be participating at the following investor conferences: Raymond James 45th Annual Institutional Investors Conference Tuesday, March 5, 2024 Jefferies 2024 Business Services Summit Thursday, March 21, 2024 Gabelli 10th Annual Waste & Environmental Services Symposium Thursday, April 4, 2024 A ...

Financial Data and Key Metrics Changes - Revenues for 2023 increased by over 16%, with adjusted EBITDA growth topping 20% and adjusted free cash flow growth up 15% [12][20] - Adjusted EBITDA margins expanded by 70 basis points, reaching 22.8% for Q4, marking a record for the company [12][18] - Adjusted EBITDA for Q4 was $82.2 million, up 46.1% year-over-year, with $16.3 million from acquisitions and $9.7 million from organic growth [20] Business Line Data and Key Metrics Changes - Collection line revenues rose 54.8% year-over-year, driven by a 7.2% price increase, despite a 2% decline in volumes [8] - Disposal line revenues increased by 8% year-over-year, with landfill pricing up 6.9% and landfill tons down 3.7% [19] - Resource solutions revenues grew by 8.8% year-over-year, with price up 5.2% and acquisitions contributing 3.8% [19] Market Data and Key Metrics Changes - The company experienced a decline in volumes primarily due to softness in temporary roll-off activity and customer churn, which was a strategic move to improve revenue quality [8][13] - The overall market for construction and demolition (C&D) waste showed signs of pressure, particularly in the Northeast, with expectations of further site closures impacting volumes [61][66] Company Strategy and Development Direction - The company is focused on improving returns across its disposal assets and enhancing operational efficiency through technology investments and employee engagement [75][41] - Plans for further upgrades to sustainability infrastructure, including a full equipment upgrade at the Willimantic recycling facility, are set for 2024 [11][42] - The company aims to maintain a robust acquisition pipeline, having completed seven acquisitions in 2023, expanding its footprint into the Mid-Atlantic region [31][54] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the growth runway ahead, citing strong performance from recent acquisitions and operational improvements [4][6] - The outlook for 2024 includes expectations of 18% revenue growth, 21% adjusted EBITDA growth, and 13% free cash flow growth, assuming a stable economic environment [28][39] - Management acknowledged ongoing inflationary pressures but indicated confidence in pricing strategies to offset these costs [66][101] Other Important Information - The company reported a GAAP net loss of $1.8 million for Q4, impacted by acquisition-related expenses and a landfill capping charge [25][26] - Adjusted EPS for Q4 was $0.13, while GAAP EPS showed a loss of $0.03 [26] - The company has a strong balance sheet with $1.05 billion in debt and $221 million in cash, providing ample liquidity for future growth [49] Q&A Session Summary Question: Trends in the disposal line and pricing outlook - Management noted ongoing trends in the Northeast, with some pressure on C&D volumes due to site closures, but stable to positive conditions in MSW and contaminated soils [61] Question: Inflationary trends and pricing cost spread - Management confirmed a robust pricing plan for 2024, targeting high-single-digit increases, justified by rising costs in landfill development and regulatory complexities [66] Question: Impact of recent zone awards in New York - Management indicated that while they do not directly participate in New York City, there may be opportunities to work with transfer stations that won awards, potentially facilitating waste transport to their facilities [119]

Casella (CWST) came out with quarterly earnings of $0.13 per share, missing the Zacks Consensus Estimate of $0.18 per share. This compares to earnings of $0.18 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -27.78%. A quarter ago, it was expected that this provider of garbage-disposal and recycling services would post earnings of $0.32 per share when it actually produced earnings of $0.35, delivering a surprise of 9.38%.Over ...

Caps milestone year of growth in 2023. RUTLAND, Vt., Feb. 15, 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 and twelve month periods ended December 31, 2023. The Company also provided guidance for the fiscal year ending December 31, 2024 ("fiscal year 2024"). Highlights for the Three Months and Twelve Months Ended December 31, 2023:  Revenues were $359.6 millio ...

Table of Contents SECURITIES AND EXCHANGE COMMISSION FORM 10-K (Exact name of registrant as specified in its charter) ____________________________________________________ Delaware 03-0338873 (State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.) 25 Greens Hill Lane, Rutland, VT 05701 (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (802) 775-0325 Securities registered pursuant to Section 12(b) of the Act: Titl ...