Casella Waste Systems, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
July 28, 2022 at 04:15 pm EDT
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Casella Waste Systems, Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was USD 283.67 million compared to USD 215.88 million a year ago. Net income was USD 17.8 million compared to USD 11.78 million a year ago. Basic earnings per share from continuing operations was USD 0.34 compared to USD 0.23 a year ago. Diluted earnings per share from continuing operations was USD 0.34 compared to USD 0.23 a year ago.
For the six months, sales was USD 517.69 million compared to USD 405.41 million a year ago. Net income was USD 21.99 million compared to USD 16.09 million a year ago. Basic earnings per share from continuing operations was USD 0.43 compared to USD 0.31 a year ago. Diluted earnings per share from continuing operations was USD 0.43 compared to USD 0.31 a year ago.
Casella Waste Systems, Inc. is a regional, vertically integrated solid waste services company. The Company manages its solid waste operations on a geographic basis through three regional operating segments: the Eastern, Western and Mid-Atlantic regions. It manages its resource renewal operations through the Resource Solutions operating segment, which leverages its core competencies in materials processing, industrial recycling, organics and resource management service offerings to deliver a solution for its commercial, municipal, institutional and industrial customers. It operates approximately 64 solid waste collection operations, 71 transfer stations, 29 recycling and processing facilities, eight Subtitle D landfills, three landfill gas-to-energy facilities and one landfill permitted to accept construction and demolition materials. It provides integrated solid waste services in Vermont, New Hampshire, New York, Massachusetts, Connecticut, Maine, Pennsylvania, Delaware and Maryland.
CASELLA WASTE SYSTEMS, INC. 
