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.
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.