USA Recycling Industries, Inc. reported unaudited earnings results for the fiscal year ended December 31, 2011 and first quarter ended March 31, 2012. For the year, the company generated $8,086,261 in net revenues and $738,581 in net profit. For the first quarter ended March 31, 2012, the company reported net revenue of $4,345,630 versus $2,021,565 for the same period a year earlier, which represents an increase of 115%. Earnings before interest, taxes, depreciation and amortization (EBITDA) rose 109% from $225,415 for first quarter of 2011 to $470,923 for first quarter of 2012. Net profit for the three-month period totaled $187,912.