U.S. Ecology (ECOL) Misses Q2 EPS by 6c, Comments on Outlook

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Go back to U.S. Ecology (ECOL) Misses Q2 EPS by 6c, Comments on Outlook

US Ecology Announces Second Quarter 2020 Results

August 6, 2020 4:30 PM EDT

SECOND QUARTER HIGHLIGHTS COMPARED TO PRIOR YEAR:

Revenue of $213.9 million, up 37%, including $70.4 million from NRCLegacy US Ecology revenue declined 8%Base Business revenue decline of 10%; Event Business revenue growth of 12%, excluding NRCField and Industrial Services revenue down 6%, excluding NRCNet loss of $5.2 million, or $0.17 per diluted share Adjusted loss per diluted share of $0.08Adjusted EBITDA of $38.7 million, up 2% including NRC; Legacy US Ecology business declined 12% NRC contributed adjusted EBITDA of approximately $5.2 millionStrong free cash... More