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) has announced the remarketing of $37.5 million in New York State Environmental Facilities Corporation Solid Waste Disposal Revenue Bonds. The company plans to redeem $2.5 million of the original $40 million bonds on September 2, 2025.
The bonds, which mature on September 1, 2050, will undergo mandatory tender and remarketing on September 2, 2025, establishing a new interest rate period. The bonds are guaranteed by Casella's subsidiaries but do not constitute a general obligation of the issuer or New York State. The offering is exclusively available to qualified institutional buyers under Rule 144A.
["Bonds are fully guaranteed by Casella's subsidiaries, providing security for investors", "Long-term maturity date of September 1, 2050 provides stable financing structure"]Casella Waste Systems (NASDAQ: CWST) announced a significant leadership transition, with current Chairman and CEO John Casella moving to the role of Executive Chairman, while President Ned Coletta will assume the position of CEO effective January 1, 2026.
John Casella, who joined the company in 1976, will continue to serve as Chair of the Board and support the company's strategic development in his new role. Ned Coletta, who joined Casella in 2004, brings extensive experience from various leadership positions within the company, including President and CFO roles. He holds an MBA from Dartmouth's Tuck School of Business and a BS from Brown University.
Casella Waste Systems (NASDAQ:CWST) has announced the pricing of its remarketed Finance Authority of Maine Solid Waste Disposal Revenue Bonds. The company will remarket $29.0 million of bonds and redeem $1.0 million with cash on hand on August 1, 2025.
The remarketed bonds, to be designated as Series 2015R-3, will carry a 5.000% interest rate for the period from August 1, 2025, to July 31, 2035. The bonds, guaranteed by substantially all of Casella's subsidiaries, will be offered exclusively to qualified institutional buyers under Rule 144A.
These bonds are not general obligations of the Finance Authority of Maine or the State of Maine, and are payable solely from amounts received from Casella under the indenture terms.
Casella Waste Systems (NASDAQ: CWST) reported its Q2 2025 financial results, with revenues reaching $465.3 million, up 23.4% year-over-year. The company's solid waste pricing increased by 5.0%, featuring 4.9% collection price growth and 5.8% disposal price growth.
Despite revenue growth, net income decreased by 25.7% to $5.2 million. However, Adjusted EBITDA rose 19.5% to $109.5 million, and year-to-date Adjusted Free Cash Flow increased to $70.8 million. The company completed six acquisitions year-to-date with approximately $90 million in annualized revenue.
CWST updated its fiscal year 2025 guidance, raising revenue expectations to $1.820-1.840 billion and adjusting net income projections to $8-18 million. The company reaffirmed its Adjusted EBITDA guidance of $410-425 million.
Casella Waste Systems (NASDAQ:CWST) has announced the remarketing of $29.0 million in Finance Authority of Maine Solid Waste Disposal Revenue Bonds. The company plans to redeem $1.0 million of the original $30.0 million aggregate principal amount on August 1, 2025, with the remaining bonds to be remarketed on the same date.
The Bonds, set to mature on August 1, 2035, will undergo mandatory tender and remarketing due to the expiration of their current interest rate period on July 31, 2025. The remarketed bonds will be designated as Series 2015R-3 and will only be offered to qualified institutional buyers under Rule 144A. The bonds are guaranteed by Casella's subsidiaries but do not constitute a general obligation of the Finance Authority of Maine or the State of Maine.
Casella Waste Systems (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, has scheduled its Q2 2025 earnings conference call. The company will release financial results for the quarter ended June 30, 2025, after market close on Thursday, July 31, 2025.
The conference call will be held on Friday, August 1, 2025, at 10:00 a.m. Eastern Time. Investors can access the call through registration for dial-in details or via webcast on the company's investor relations website. A replay will be available on the website following the call.
Casella Waste Systems (NASDAQ:CWST) has signed an agreement to acquire Mountain State Waste, a multi-state waste management company operating across West Virginia, Ohio, Pennsylvania, and Kentucky. The acquisition, expected to close in Q4 2025, will generate approximately $30 million in annualized revenues.
The strategic acquisition includes multiple hauling operations and a transfer station, providing Casella with geographic expansion into West Virginia's franchise markets. Mountain State Waste's founders Randie Lawson and J.P. Phillips built the company's reputation for reliable service and community engagement, with J.P. Phillips joining Casella to support future growth initiatives.