Heritage-Crystal Clean (HCCI) Tops Q1 EPS by 8c

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Heritage-Crystal Clean, Inc. Announces First Quarter 2023 Financial Results

May 9, 2023 4:30 PM EDT

First Quarter Highlights Include:

Net income was $16.6 million; up 28.8% compared to net income of $12.9 million in the first quarter of 2022. Basic earnings per share were $0.70 for the quarter, an increase of 27.3% compared to $0.55 for the first quarter of 2022. Revenue for the first quarter of 2023 was $193.5 million, a record for a three-month quarter, compared to $139.4 million for the same quarter of 2022, an increase of 38.8%. Environmental Services segment revenue was $94.8 million, a record for a three-month quarter, and an increase of 28.9% from... More