Heritage-Crystal Clean (HCCI) Tops Q1 EPS by 10c

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Heritage-Crystal Clean, Inc. Announces First Quarter 2022 Financial Results

May 4, 2022 4:30 PM EDT

First Quarter Highlights Include:

Net income was $12.9 million; up 39.9% compared to net income of $9.2 million in the first quarter of 2021. Basic earnings per share were $0.55 for the quarter, an increase of 41.0% compared to $0.39 for the first quarter of 2021. Oil Business segment revenue of $54.7 million represents a record high for a 12-week quarter, and an increase of 52.3% from the year-ago quarter. Oil Business segment profit before corporate selling, general, and administrative expenses was a first quarter record of $18.5 million with... More