ENVIRI (NVRI) Stock News

Enviri (NYSE: NVRI) reported Q2 2026 revenues from continuing operations of $187 million GAAP and $324 million adjusted (excluding Harsco Rail ETO contract exit effects), up 2% year over year. GAAP loss from continuing operations was $297 million, driven by Rail ETO contract exit charges and transaction-related items from the Clean Earth sale and the spin-off of Harsco Environmental and Harsco Rail. Adjusted EBITDA rose to $34 million from $27 million, while GAAP diluted loss per share widened to $10.70 and adjusted diluted loss per share improved to $0.63 versus $(0.84) in Q2 2025.

Harsco Environmental delivered $266 million in revenue (+3%) and Adjusted EBITDA of $46 million (margin 17.2%). Harsco Rail reported adjusted revenues of $58 million, flat year over year, with an Adjusted EBITDA loss of $5 million. Net cash used by operating activities was $297 million, while adjusted free cash flow improved to $(9) million. The company reported a Credit Agreement net leverage ratio of 1.9x and reaffirmed its 2026 Adjusted EBITDA outlook for both segments.

Enviri (NYSE: NVRI) announced that its Harsco Rail subsidiaries have concluded activities under engineered-to-order contracts with Deutsche Bahn (DB) and Network Rail (NR). Harsco Rail Europe agreed to sell relevant contract assets and intellectual property to Gleisbaumechanik Brandenburg (GBM), which had been the manufacturing partner on the DB program.

Harsco Rail Limited has ceased manufacturing stoneblower rail maintenance vehicles for NR, closed associated facilities, and proposed a plan to extend the life of NR’s existing stoneblower fleet under its existing multi-year service contract. Enviri will record a noncash impairment charge of about $75 million and an incremental liability of about $133 million to address future obligations.

According to Enviri, its opening capital structure after the recent spin-off included sufficient cash to cover these liabilities without changing leverage. The company expects these exits to conclude exposure to legacy ETO contract risks, while its ETO contract with Swiss Federal Railways (SBB) remains on schedule with significant and positive cash flows expected in 2027.

Armstrong World Industries (NYSE:AWI) appointed Jennifer Kozak as Senior Vice President, Chief Human Resources Officer and member of the Executive Leadership Team, effective September 9, 2026. The company describes this role as central to supporting its long-term growth strategy and employee experience.

Kozak joins from Enviri (NYSE:NVRI), where she was Senior Vice President and Chief Human Resources Officer, leading global HR and communications for approximately 12,000 employees and supporting a business transformation. She brings over 25 years of global HR experience across industrial, chemical, water technologies and steel sectors and holds an MBA from Pennsylvania State University and a bachelor’s degree from Temple University.

Harsco Environmental, a division of Enviri (NYSE: NVRI), announced recognition in three 2026 Newsweek America's Greatest Workplaces awards: America's Greatest Workplaces, America's Greatest Workplaces in Professional Services, and America's Greatest Workplaces for Culture, Belonging & Community, earning a 4-star rating in each category.

According to Enviri, the rankings are based on extensive employee feedback, independent research, third-party data, and findings from three earlier studies conducted between 2022 and 2024, highlighting the division's workplace experience and inclusive culture.

Enviri Corporation (NYSE: NVRI) will release its second quarter 2026 earnings results on Tuesday, August 11, 2026, before the NYSE market opens. The company will host a conference call and webcast at 9:00 a.m. ET, accessible via the Investor Relations section of enviri.com or by U.S. and international dial-in.

Enviri (NYSE:NVRI) marked its debut as an independent, publicly traded environmental and rail solutions company by ringing the NYSE Closing Bell. The move follows completion of its transition on June 1, 2026 and the $3.04 billion sale of the Clean Earth division to Veolia.

Enviri now operates two core segments, Harsco Environmental and Harsco Rail, across 30+ countries. Its stock began Regular Way trading on June 2, 2026. The company highlights a conservative capital structure and sees earnings growth potential as operational efficiencies and end-market recoveries progress.

New Enviri (NYSE: NVRI) has launched as a standalone public company following its spin-off and the completion of the Clean Earth sale to Veolia. The company focuses on environmental solutions for industrial waste and rail equipment through its Harsco Environmental and Harsco Rail segments.

New Enviri targets 2026 annualized pro forma revenue of about $1.2 billion and Adjusted EBITDA of about $140 million, with Net Debt to Adjusted EBITDA of 2.0x. Common stock will begin Regular Way trading on June 2, 2026 under the NVRI ticker. Enviri shareholders receive one New Enviri share for every three Enviri shares plus $15.00 per share in cash tied to the Clean Earth sale.

Universal Technical Institute (NYSE: UTI) and Peloton Interactive (NASD: PTON) will join the S&P SmallCap 600 effective before market open on May 27, 2026. UTI will replace Veris Residential (VRE), which is being acquired, while PTON will replace Enviri (NVRI), which is spinning off assets and then being acquired.

Enviri (NYSE: NVRI) expects to close the sale of Clean Earth to Veolia and complete the spin-off of Harsco Environmental and Rail into New Enviri on June 1, 2026, subject to closing conditions.

Enviri stockholders are expected to receive $15.00 per share in cash at closing, after debt repayment, transaction costs and certain reserves, plus one share of New Enviri for every three Enviri shares held on the Effective Date. New Enviri “when issued” trading under NVRI WI is expected May 27, 2026, with regular-way trading as NVRI starting June 2, 2026.