Welcome to our dedicated page for Casella Waste news (Ticker: CWST), a resource for investors and traders seeking the latest updates and insights on Casella Waste stock.
Casella Waste Systems, Inc. provides regional solid waste, recycling, and resource management services for residential, commercial, municipal, and industrial customers. Company updates commonly address operating and financial results, collection and recycling activity, acquisitions, investor conference presentations, and changes in senior operating or revenue leadership.
Casella’s news also reflects expansion of route density and transfer or processing assets, including the completed acquisition of Star Waste Systems in eastern Massachusetts and southern New Hampshire. Its service categories include collection, recycling, organics, energy, landfills, special waste, and professional services.
Casella Waste Systems (Nasdaq: CWST) will announce its financial results for Q1 2021 on April 29, 2021, after market close. A conference call to discuss these results is scheduled for April 30, 2021, at 10:00 AM ET. Interested participants can join by calling (877) 838-4153 or internationally at (720) 545-0037, using Conference ID 760 9317. Additionally, Casella will present at the Oppenheimer 16th Annual Industrial Growth Conference on May 4, 2021, at 11:15 AM ET. The presentation will be available on the company's investor website.
Casella Waste Systems, a solid waste and recycling management company, announced its participation in two upcoming virtual investor conferences. The Raymond James 42nd Annual Institutional Investors Conference is scheduled for March 1, 2021, at 12:30 PM ET, followed by the Bank of America Securities 2021 Global Agriculture & Materials Conference on March 4, 2021, at 9:00 AM ET and 10:00 AM ET. Presentations will be available on the company’s website prior to each conference.
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Casella Waste Systems (CWST) reported strong financial results for Q4 and FY2020, with revenues of $200.2 million for Q4, up 3.4%, and $774.6 million for the year, a 4.2% increase. Net income surged to $62.9 million in Q4, a 594% improvement, largely due to a $55 million tax benefit. Adjusted EBITDA rose 3.7% to $42.6 million in Q4, with annual Adjusted Free Cash Flow up 24.7% to $69.1 million. For FY2021, the company projects revenue between $815-$830 million, with net income expected to decline due to the previous tax adjustment.
Casella Waste Systems (Nasdaq: CWST) will announce its financial results for Q4 2020 on February 18, 2021, post-market close. A conference call to discuss these results is scheduled for February 19, 2021, at 10:00 a.m. ET. Participants can join by calling (877) 838-4153 or (720) 545-0037 for international calls, with Conference ID 933 8304. The call will be webcast on the company's website, and a replay will be available. For more information, contact Ned Coletta, CFO, at (802) 772-2239.
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Casella Waste Systems, a regional solid waste and recycling services firm, will present at two virtual investor conferences. The Baird's 2020 Global Industrial Conference is scheduled for November 11, 2020, at 10:50 AM Eastern Time, followed by the Raymond James SMID Cap Company Showcase on November 12, 2020. Presentations will be available before the events via the Investors' section of their website. For more information, contact CFO Ned Coletta at (802) 772-2239 or visit their official site.
Casella Waste Systems (CWST) reported strong financial results for Q3 2020, with revenues of $202.7 million, up 2.1% from Q3 2019. Net income reached $15.1 million, a 22.0% increase, and adjusted EBITDA climbed to $51.3 million, reflecting a 5.9% growth. The company raised its guidance for full-year 2020 in several key metrics, including revenues projected between $760 million and $775 million. Despite an 8.4% decline in solid waste volumes due to COVID-19, operational improvements and strategic acquisitions contributed positively to cash flow management.
Casella Waste Systems (NASDAQ:CWST) has successfully closed an underwritten public offering, selling 2,702,500 shares of Class A common stock at $56.00 per share, resulting in gross proceeds of $151.3 million. The additional shares were sold through the underwriters’ option, enhancing the offering's total. Funds from the offering will support general corporate purposes, including potential acquisitions and capital expenditures. The underwriting was managed by Raymond James and BofA Securities, among others.
On October 21, 2020, Casella Waste Systems (NASDAQ:CWST) announced a public offering of 2,350,000 shares of Class A common stock, priced at $56.00 per share, aiming for gross proceeds of approximately $131.6 million. The company has granted underwriters a 30-day option to purchase an additional 352,500 shares. Proceeds will be utilized for general corporate purposes, including potential acquisitions and capital expenditures. The offering is expected to close around October 23, 2020, and is conducted under a registration statement filed with the SEC.