enviri(US:NVRI)2021-08-03 14:12Q2 2021 Financial Performance - Q2 2021 adjusted EBITDA was at the upper end of the prior guidance, ranging from $73 million to $79 million[11] - The company's Q2 2021 revenues, as reported, reached $570 million, compared to $447 million in Q2 2020 and $529 million in Q1 2021[12] - Adjusted EBITDA for Q2 2021 was $78 million, representing 13.7% of sales, compared to $59 million (13.2% of sales) in Q2 2020 and $66 million (12.4% of sales) in Q1 2021[12] - Adjusted diluted earnings per share for Q2 2021 were $0.28, excluding strategic costs[11] - Free cash flow for Q2 2021 was $6 million, compared to $18 million in Q2 2020 and $(32) million in Q1 2021[12] Segment Performance - Environmental segment revenues for Q2 2021 were $273 million, up from $204 million in Q2 2020 and $258 million in Q1 2021[14] - Clean Earth segment revenues for Q2 2021 were $196 million, compared to $162 million in Q2 2020 and $189 million in Q1 2021[21] - Rail segment revenues for Q2 2021 were $101 million, compared to $82 million in both Q2 2020 and Q1 2021[23] 2021 Outlook - The company maintains its 2021 full-year outlook for adjusted EBITDA at $295 million to $310 million[7, 26] - The company anticipates adjusted diluted earnings per share to be in the range of $0.82 to $0.96[26] - The company projects free cash flow to be between $35 million and $55 million[26] Q3 2021 Outlook - The company expects adjusted EBITDA for Q3 2021 to be between $75 million and $81 million[29] - The company anticipates adjusted diluted earnings per share for Q3 2021 to be between $0.23 and $0.29[29]