Waste Connections, Inc. reported revenue for the fourth quarter was $60.4 million, a 104.1 percent increase over revenue of $29.6 million in the fourth quarter of 1998.
Operating income for the quarter, excluding stock compensation charges and acquisition-related expenses, increased $12.0 million, or 489.0% to $14.4 million, or 23.8% of revenues from $2.4 million in the fourth quarter of 1998.
Revenue for the full year of 1999 was $182.6 million, an 85.6% increase over $98.4 million in 1998. Operating income for the year increased $30.9 million, or 309.8% to $40.9 million, or 22.4% of revenues from $10.0 million in 1998.
Explore the February 2000 Issue
Check out more from this issue and find your next story to read.
Latest from Recycling Today
- ReElement, Posco partner to develop rare earth, magnet supply chain
- Comau to take part in EU’s Reinforce project
- Sustainable packaging: How do we get there?
- ReMA accepts Lifetime Achievement nominations
- ExxonMobil will add to chemical recycling capacity
- ESAB unveils new cutting torch models
- Celsa UK assets sold to Czech investment fund
- EPA releases ‘National Strategy to Prevent Plastic Pollution’
