Casella Waste Systems, Inc. (CWST) Posts Q4 GAAP Loss of 30c/Share; Issues Strong FY15 Revs Outlook

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Go back to Casella Waste Systems, Inc. (CWST) Posts Q4 GAAP Loss of 30c/Share; Issues Strong FY15 Revs Outlook

Casella Waste Systems, Inc. Announces Fourth Quarter and Fiscal Year 2014 Results; and Provides Guidance

June 25, 2014 4:15 PM EDT

RUTLAND, Vt., June 25, 2014 (GLOBE NEWSWIRE) -- Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling and resource management services company, today reported financial results for the quarter and fiscal year ended April 30, 2014. The company also announced its plan to change to a December 31st fiscal year-end, and shared guidance for the 8-month transition period ending December 31, 2014, and its 12-month fiscal year ending December 31, 2015.

Fourth Quarter and Fiscal Year 2014 Financial Highlights

Revenue growth for the current quarter was $10.2 million, or 9.4 percent, from the same quarter last year.... More