<B>Casella Reports Quarterly Figures</B>

Casella Waste Systems, Inc., reported financial results for the second quarter of its fiscal year. For the quarter the company reported net income of $152,000. Revenue for the quarter was $139.3 million. EBITDA was $27.4 million. The results for the quarter are pro forma to reflect the elimination of proceeds from the settlement of a lawsuit in the company's favor, partially offset by non-recurring settlement costs.

 "We reiterate our focus on executing the divestitures of non-core assets, and strengthening our focus on our core franchise of traditional solid waste businesses," John Casella, president and CEO of Casella Waste Systems, said. "Clearly, that agenda is our game plan for returning the business to a level of consistent, reliable performance," Casella said. "We look forward to keeping our shareholders, employees and the investment community informed of our progress."

December 2000
Explore the December 2000 Issue

Check out more from this issue and find you next story to read.