Welcome to our dedicated page for Waste Management news (Ticker: WM), a resource for investors and traders seeking the latest updates and insights on Waste Management stock.
Waste Management, Inc. (WM) is North America's leading provider of comprehensive environmental solutions, driving innovation in waste collection, recycling, and renewable energy generation. This page serves as the definitive source for tracking WM's latest corporate announcements, financial disclosures, and sustainability initiatives.
Investors and stakeholders will find timely updates on earnings reports, strategic partnerships, and operational developments that shape WM's position in the environmental services sector. Our curated news collection prioritizes material events impacting financial performance and industry leadership.
The repository includes press releases covering landfill innovations, recycling rate improvements, and community partnerships; financial filings detailing quarterly results and capital allocations; and operational updates on waste-to-energy projects and regulatory compliance achievements.
Bookmark this page for direct access to WM's official communications, maintained to support informed decision-making. Regularly updated content ensures you stay current with developments affecting one of North America's most essential environmental infrastructure providers.
Waste Management (WM) reported a strong first quarter for 2023, achieving revenues of $4.892 billion, up from $4.661 billion in Q1 2022, driven by 7.0% organic revenue growth in the collection and disposal business. Income from operations rose to $825 million, and diluted EPS increased to $1.30. Operating EBITDA improved to $1.33 billion, with a margin of 27.2%. However, operating expenses as a percentage of revenue increased due to wage hikes and inflationary pressures. Free cash flow declined to $395 million, reflecting higher capital expenditures and increased cash interest. WM was also recognized by Forbes as one of the Best Employers for Diversity in 2023.
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