Welcome to our dedicated page for Avalon Holdings news (Ticker: AWX), a resource for investors and traders seeking the latest updates and insights on Avalon Holdings stock.
Avalon Holdings Corporation (AWX) is a waste management company that also operates resort and club facilities. Its public news releases focus on financial results and operational performance across two main areas: waste management services and golf and related operations. The company reports net operating revenues, operating income or loss, interest expense, income before income taxes and net income or loss attributable to Avalon Holdings Corporation common shareholders.
News about Avalon Holdings Corporation often centers on quarterly and annual earnings. These releases break out revenues from waste management services, as well as food, beverage and merchandise sales and other golf and related operations. They also provide details on operating costs for waste management services and golf and related operations, depreciation and amortization expense and selling, general and administrative expenses.
In addition to earnings, Avalon Holdings Corporation’s disclosures describe its customer base for waste management services as industrial, commercial, municipal and governmental customers in selected northeastern and midwestern U.S. markets. The company also highlights the role of Avalon Resorts and Clubs Inc., which operates a hotel with resort amenities, four golf courses, related country clubs and a multipurpose recreation center.
Investors following AWX news can use this page to review the company’s reported trends in net operating revenues, segment performance and net income or loss over time, as presented in its press releases. Regular updates provide insight into how waste management services and golf and related operations contribute to overall results, as well as changes in balance sheet items such as cash, accounts receivable, property and equipment, debt and line of credit balances.
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Avalon Holdings Corporation (NYSE Amex: AWX) reported its financial results for Q4 and FY 2022, revealing a rise in net operating revenues to $21.6 million, up from $17.6 million in Q4 2021. However, the company faced a net loss of $1.0 million compared to a loss of $0.5 million in the previous year. For FY 2022, total revenues reached $81.2 million, an increase from $70.4 million in 2021. Net loss attributable to shareholders was $0.6 million, significantly down from a net income of $2.0 million in 2021, marking a basic net loss per share of $0.15.
Avalon Holdings Corporation (AWX) reported third-quarter 2022 financial results, revealing net operating revenues of $25.7 million, up from $21.3 million in Q3 2021. The company recorded a net income of $1.2 million, compared to $1.0 million a year earlier, with basic net income per share increasing to $0.30 from $0.25. For the first nine months, net revenues reached $59.5 million versus $52.8 million in the prior year, but net income dropped to $0.4 million from $2.4 million in 2021, with per-share earnings declining to $0.10 from $0.63.
Avalon Holdings Corporation (NYSE Amex: AWX) reported a net operating revenue of $19.5 million for Q2 2022, up from $16.4 million in Q2 2021. Net income attributable to common shareholders was $0.5 million or $0.12 per share, down from $0.7 million or $0.19 per share the previous year. For the first half of 2022, revenues reached $33.8 million, an increase from $31.5 million in H1 2021. However, the company reported a net loss of $0.8 million for the first six months, contrasting with a net income of $1.5 million in the same period last year.
Avalon Holdings Corporation (AWX) reported a net loss of $1.3 million for Q1 2022, a decline from a net income of $0.7 million in Q1 2021. Net operating revenues fell to $14.3 million, down from $15.1 million from the previous year. Basic and diluted net loss per share was $0.32, contrasting with $0.18 income per share a year earlier. Operating costs increased in both waste management services and associated operations, impacting profitability.
Avalon Holdings Corporation (AWX) reported its financial results for Q4 and the fiscal year 2021. Fourth-quarter net operating revenues increased to $17.6 million, compared to $14.6 million in Q4 2020. However, the company experienced a net loss of $0.5 million for the quarter, compared to a profit of $0.5 million in the same period last year. For the fiscal year 2021, revenues rose to $70.4 million, up from $58.7 million in 2020, with net income of $2.0 million.
Avalon Holdings Corporation (NYSE Amex: AWX) reported a net operating revenue of $21.3 million for Q3 2021, an increase from $16.6 million in Q3 2020. Net income for common shareholders rose to $1.0 million compared to $0.8 million in the previous year. For the first nine months of 2021, revenues reached $52.8 million, up from $44.1 million in 2020. The company shifted from a net loss of $0.5 million to a net income of $2.4 million during this period.
Avalon Holdings Corporation (NYSE Amex: AWX) reported a positive financial performance for Q2 2021, with net operating revenues increasing to $16.4 million from $13.1 million year-over-year. The company achieved a net income of $0.7 million, compared to a net loss of $0.4 million in Q2 2020. For the first half of 2021, revenues reached $31.5 million, up from $27.5 million in 2020. Basic net income per share rose to $0.19 from a loss of $0.11. Avalon continues to provide waste management and recreational services in selected U.S. markets.