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Enviri Corporation Reports Fourth Quarter and Full Year 2024 Results
Globenewswire· 2025-02-20 12:00
Fourth quarter revenues totaled $559 million; GAAP consolidated loss from continuing operations of $82 millionAdjusted EBITDA in Q4 totaled $70 million, an increase of 5% over the prior-year quarter on an organic basis (adjusted for foreign exchange translation and divestiture impacts)Net cash provided by operating activities of $36 million and adjusted free cash flow of $8 million in Q4Full year 2024 revenues increased 3% on an organic basis2024 GAAP consolidated loss from continuing operations of $119 mil ...
Harsco Environmental Secures Contract with İzmir Demir Çelik Sanayi A.Ş. (İDÇ)
Globenewswire· 2025-02-18 13:00
The Company’s second collaboration with a key player in Turkey's İzmir region further establishes its presence and commitment to delivering exceptional service in this strategic marketPHILADELPHIA, Feb. 18, 2025 (GLOBE NEWSWIRE) -- Harsco Environmental, a division of Enviri Corporation (NYSE: NVRI), today announced the signing of a contract with İzmir Demir Çelik Sanayi A.Ş. (İDÇ) in İzmir, Turkey. The contract marks another significant milestone in Harsco Environmental's commitment to providing innovative ...
Enviri Corporation to Participate in Upcoming Investor Conferences
Newsfilter· 2025-02-12 13:00
PHILADELPHIA, Feb. 12, 2025 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE:NVRI), a global, market-leading provider of environmental solutions for industrial and specialty waste streams, today announced that Company management will be participating in the following upcoming investor conferences: J.P. Morgan 2025 Global Leveraged Finance Conference(Miami Beach, FL)Tuesday, February 25, 2025BofA Securities 2025 Global Agriculture and Materials Conference (Ft. Lauderdale, FL) Wednesday, February 26, 2025 About E ...
Enviri (NVRI) Laps the Stock Market: Here's Why
ZACKS· 2025-02-05 00:20
Group 1 - Enviri's stock closed at $9.30, reflecting a +1.2% change from the previous trading day, outperforming the S&P 500's gain of 0.72% [1] - Over the last month, Enviri's shares increased by 10.46%, surpassing the Business Services sector's gain of 5.25% and the S&P 500's gain of 1.02% [1] Group 2 - Enviri's upcoming earnings report is scheduled for February 20, 2025, with analysts expecting earnings of -$0.09 per share, a year-over-year decline of 28.57% [2] - The consensus estimate anticipates revenue of $584.3 million, indicating a 10.49% increase from the same quarter last year [2] Group 3 - Recent changes to analyst estimates for Enviri reflect shifting short-term business dynamics, with positive adjustments indicating a favorable outlook on the company's health and profitability [3] - The Zacks Rank system, which evaluates stocks based on estimate changes, currently ranks Enviri at 5 (Strong Sell) [5] Group 4 - Enviri is trading at a Forward P/E ratio of 131.29, significantly higher than the industry average of 28.94, indicating a premium valuation [6] - The Waste Removal Services industry, part of the Business Services sector, has a Zacks Industry Rank of 185, placing it in the bottom 27% of over 250 industries [6]
Enviri Corporation Announces Timing of Fourth Quarter and Full Year 2024 Results and Conference Call
Globenewswire· 2025-01-29 13:00
Earnings Announcement - Enviri Corporation will release its fourth quarter and full year 2024 earnings results on February 20, 2025, before the NYSE market opens [1] - A quarterly conference call and webcast will be held on the same day at 9:00 a.m. ET [1] Conference Call Details - The conference call can be accessed via a US dial-in number (844) 481-2524 and an international dial-in number (412) 317-0553 [3] - Listeners are encouraged to join approximately ten minutes prior to the call [2] Company Overview - Enviri is a global leader in providing a wide range of environmental services and innovative solutions, focusing on recycling and reuse solutions for waste streams [3] - The company operates in over 150 locations across more than 30 countries, aiming to help customers address complex environmental challenges and achieve sustainability goals [3]
Enviri Announces Update to its Board of Directors Refreshment Plan
Globenewswire· 2025-01-21 13:00
Enters into Cooperation Agreement with Neuberger Berman Investment AdvisersPHILADELPHIA, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE: NVRI), a global, market-leading provider of environmental solutions for industrial and specialty waste streams, today announced that, under its ongoing Board refreshment plan, the Company will add two new independent directors to its Board of Directors this year as part of a cooperation agreement with Neuberger Berman Investment Advisers (“Neuberger Berman”). E ...
Enviri's ALTEK to Join REAL ALLOY's US Department of Energy Zero-Waste Recycling Project
GlobeNewswire News Room· 2024-11-26 21:15
ALTEK’s AluSalt™ salt slag processing technology selected by REAL ALLOY to achieve sustainability goalsREAL ALLOY plans to utilize ALTEK technology at its Indiana secondary aluminum recycling facility PHILADELPHIA, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE: NVRI), a global, market-leading provider of environmental solutions for industrial and specialty waste streams, today announced that its subsidiary, ALTEK, will team with REAL ALLOY to build a zero-waste aluminum salt slag recycling faci ...
Leading Sustainable Asphalt Producer SteelPhalt™ Unveils New Brand Identity
GlobeNewswire News Room· 2024-11-26 13:00
Rebrand captures SteelPhalt’s™ sustainability focus, building on proud 60-year history Aligns with Harsco Environmental’s and Enviri’s focus on innovative customer solutions ROTHERHAM, United Kingdom, Nov. 26, 2024 (GLOBE NEWSWIRE) -- SteelPhalt™, a division of Harsco Environmental and a global leader in sustainable asphalt solutions, today unveiled a new brand identity that reflects its continuous commitment to sustainability through providing low-carbon products. SteelPhalt has been a pioneer in recycling ...
enviri(NVRI) - 2024 Q3 - Quarterly Results
2024-10-31 12:02
Exhibit 99.1 Investor Contact Media Contact David Martin Karen Tognarelli +1.267.946.1407 +1.717.480.6145 dmartin@enviri.com ktognarelli@enviri.com FOR IMMEDIATE RELEASE • Third quarter revenues totaled $574 million; organic growth in the quarter was 1% • Q3 GAAP operating income of $37 million • Adjusted EBITDA in Q3 totaled $85 million, an increase of 3% over the prior-year quarter • Completed sale of Reed Minerals, enabling Company to surpass 2024 asset sales goal of $50 to $75 million • Refinanced revol ...
Enviri Corporation Reports Third Quarter 2024 Results
GlobeNewswire News Room· 2024-10-31 11:00
Third quarter revenues totaled $574 million; organic growth in the quarter was 1%Q3 GAAP operating income of $37 millionAdjusted EBITDA in Q3 totaled $85 million, an increase of 3% over the prior-year quarterCompleted sale of Reed Minerals, enabling Company to surpass 2024 asset sales goal of $50 to $75 millionRefinanced revolving credit and accounts receivable securitization facilities, enhancing financial flexibility2024 Adjusted EBITDA now expected to be within range of $317 million and $327 million; mid ...