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
- Japanese scrap can feed its EAF sector, study finds
- IRG cancels plans for Pennsylvania PRF
- WIH Resource Group celebrates 20th anniversary
- Ecobat touts commissioning 3 LIB recycling plants in a year
- NWRA: NIOSH cuts a step in the wrong direction
- Novelis announces plant closures
- ABTC reports production increase at LIB recycling facility
- ReMA contributes comments in Commerce Department investigation into copper
