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 reports recurring financial results for an operating company with waste management and resort-related businesses. The company provides waste management services to industrial, commercial, municipal and governmental customers in selected northeastern and midwestern U.S. markets, including captive landfill management services and saltwater injection well operations.
Avalon also owns Avalon Resorts and Clubs Inc., which operates a hotel with resort amenities, four golf courses, related country clubs and a multipurpose recreation center. Company news is centered on quarterly and annual operating results, revenue trends, earnings or loss per share, and updates tied to these waste management and hospitality assets.
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.
Avalon Holdings Corporation (AWX) reported a positive financial performance for Q1 2021, achieving net operating revenues of $15.1 million, up from $14.4 million in Q1 2020. The company posted a net income of $0.7 million, a turnaround from a net loss of $0.8 million in the previous year. Basic net income per share reached $0.18, compared to a loss of $0.21 in Q1 2020. The company continues to provide waste management and recreational services and has shown improved operational efficiency.
Avalon Holdings Corporation (AWX) reported its fourth quarter and fiscal year results for 2020, showing a decline in net operating revenues to $14.6 million from $17.3 million in Q4 2019, but achieved net income of $0.5 million. For the full year, revenues decreased to $58.7 million from $68.4 million, with a net income of less than $0.1 million compared to a loss of $0.5 million in 2019. Basic net income per share was $0.00 for 2020, recovering from a loss of $0.12 in 2019. The company operates in waste management and hospitality sectors.
Avalon Holdings Corporation (AWX) reported third-quarter 2020 financial results with net operating revenues of $16.6 million, down from $18.0 million in Q3 2019. Net income attributable to common shareholders was $0.8 million ($0.20 per share) compared to $0.1 million ($0.04 per share) last year. For the first nine months, revenues totaled $44.1 million, down from $51.1 million in 2019, with a net loss of $0.5 million compared to a loss of less than $0.1 million last year. The company provides waste management services and operates resorts and clubs.
Avalon Holdings Corporation (AWX) reported a net operating revenue of $13.1 million for Q2 2020, a decline from $18.4 million in Q2 2019. The company experienced a net loss of $0.4 million, reversing the net income of $0.5 million from the previous year. For the first half of 2020, revenues totaled $27.5 million, down from $33.0 million in H1 2019, with a net loss of $1.2 million compared to a loss of $0.2 million last year. Basic net loss per share was $0.32, up from $0.04.