Casella Waste (CWST) Stock News

Casella Waste Systems (NASDAQ: CWST) will celebrate its 50th anniversary by ringing the Nasdaq Opening Bell on June 17, 2025. Founded in 1975 as a single truck service, Casella has evolved into a comprehensive waste management company serving over 1 million customers across 10 eastern states and providing resource management services in 40+ states. The company established Vermont's first recycling facility in 1977 and has been recognized for its climate leadership, with its services preventing an estimated 5.6 tons of greenhouse gas emissions for every ton emitted through operations. The bell ringing ceremony, coinciding with Global Garbageman Day, will feature Chairman and CEO John W. Casella, President Ned Coletta, and other leadership team members, highlighting the contributions of its 5,000+ employees.

Casella Waste Systems (NASDAQ: CWST) announced that three of its drivers have been recognized by the National Waste & Recycling Association (NWRA) in their annual Drivers and Operators of the Year program. The honored drivers include Frank Corl (Regional Commercial Driver of the Year), Juan Caraballo (Regional Commercial Honorable Mention), and Daniel Hale (Regional Roll Off Honorable Mention). These drivers were selected from a pool of 141,000 refuse truck operators nationwide based on their safety records, service excellence, and route difficulty. Frank Corl brings 30+ years of experience, Juan Caraballo has served for 20+ years, and Daniel Hale contributes 25+ years of professional driving expertise. All three were celebrated at WasteExpo in Las Vegas on May 5, 2025.

Casella Waste Systems (NASDAQ: CWST) has unveiled its upgraded Willimantic, Connecticut materials recovery facility (MRF) with $20 million in new investments. The modernized facility features state-of-the-art sorting systems and enhanced infrastructure, enabling it to double its annual recycling capacity from 60,000 tons. Key improvements include new sorting technology, power infrastructure, lighting, tipping floor replacement, pavement, and enhanced fire suppression. Through a partnership with Eversource, the facility has implemented energy efficiency solutions to minimize power usage. This upgrade is part of Casella's broader $50 million investment in Resource Solutions operations over the past three years. The company celebrated the reopening with local officials and presented a donation to UConn's Office of Sustainability for a zero-waste coordinator fellowship.

Casella Waste Systems (NASDAQ: CWST), a regional solid waste, recycling, and resource management services company, has announced its participation in two upcoming investor conferences in June 2025:

- William Blair & Company 45th Annual Growth Stock Conference on Tuesday, June 3, 2025
- Stifel 2025 Cross Sector Insight Conference on Wednesday, June 4, 2025

Presentation materials will be available in the "Events & Presentations" section of CWST's investor website prior to the conferences. Where applicable, live webcast links will be provided on the company's investor website.

Casella Waste Systems (NASDAQ: CWST) reported strong Q1 2025 financial results with revenues up 22.3% to $417.1 million. The company saw solid waste pricing increase of 5.6%, driven by collection price growth of 5.8% and disposal price growth of 5.5%. Despite revenue growth, CWST reported a net loss of $(4.8) million. Adjusted EBITDA grew 21.7% to $86.4 million, while operating cash flow improved significantly to $50.1 million. Year-to-date, CWST completed four acquisitions with approximately $50 million in annualized revenue. The company maintained its fiscal year 2025 guidance, projecting revenues between $1.775-1.805 billion and Adjusted EBITDA between $410-425 million. Collection volume showed a slight decline of 1.7%, but landfill tons increased by 3.9%, and National Accounts business grew 10.9% organically.

Casella Waste Systems (CWST) has announced it will release its Q1 2025 financial results on Thursday, May 1, 2025, after market close. The company will host a conference call to discuss these results on Friday, May 2, 2025, at 10:00 a.m. Eastern Time.

Interested participants can register online to obtain dial-in details and passcode. The call will also be webcast on the company's investor relations website, with a replay available afterward. Additionally, CWST management will be presenting at the Stifel Investor Summit at Waste Expo on Monday, May 5, 2025.

Casella Waste Systems (NASDAQ: CWST) has announced a $1.5 million commitment to establish the Casella Center for Circular Economy and Sustainability at the University of Vermont (UVM). This industry-first research hub will focus on developing sustainable waste and materials management solutions.

The center, marking Casella's first research center launch and coinciding with its 50th anniversary, will be housed in UVM's Rubenstein School of Environment and Natural Resources. Prof. Eric Roy, who has collaborated with Casella since 2016, will serve as the inaugural Director.

The initiative brings together scientists, engineers, and materials management experts for research, workshops, and lectures on sustainable waste management, resource solutions, climate leadership, and community engagement. The center will support one Ph.D. student and two undergraduate or M.S. students annually, along with research staff.

Casella Waste Systems (NASDAQ:CWST) has announced the pricing of up to $25.0 million Vermont Economic Development Authority Solid Waste Disposal Revenue Bonds. The bonds, maturing on June 1, 2052, will carry a 4.375% per annum interest rate during the initial fixed period ending May 31, 2032.

This offering represents the drawdown of remaining funds from the Vermont Economic Development Authority Solid Waste Disposal Revenue Bonds Series 2022, following an initial $35.0 million loan in June 2022. The bonds will be guaranteed by substantially all of Casella's subsidiaries and are expected to close around March 11, 2025.

The company plans to use the proceeds to finance qualifying capital projects in Vermont and cover issuance costs. The bonds will be offered exclusively to qualified institutional buyers under Rule 144A and will not constitute state or issuer indebtedness.

Casella Waste Systems (NASDAQ:CWST) announced an offering of up to $25.0 million in Vermont Economic Development Authority Solid Waste Disposal Revenue Bonds. This represents the drawdown of remaining funds from a larger bond series, following an initial $35.0 million loan in June 2022.

The bonds will be guaranteed by Casella's subsidiaries and will be available to qualified institutional buyers under Rule 144A. The company plans to use the proceeds to finance capital projects in Vermont. The bonds must be drawn by June 1, 2025, and will not constitute indebtedness of the State of Vermont or the Issuer, being payable solely from remarketing proceeds and amounts received from Casella.