secwatch.observer — SEC 8-K summary
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Issuer:     CLEAN HARBORS INC (CLH)
CIK:        0000822818
Form:       8-K
Filed at:   2022-05-04T23:59:59+00:00
Accession:  0000822818-22-000023
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Clean Harbors Q1 revenue $1.17B (+45% YoY), raises 2022 adjusted EBITDA guidance to $800-830M
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- Q1 revenue $1.17B (+45% YoY); net income $45.3M ($0.83 EPS); adjusted EBITDA $180.3M (+39%, margin 15.4%).
- Environmental Services revenue +45% with incinerator utilization 85%, landfill volumes +14%.
- Safety-Kleen Sustainability Solutions revenue +44%, adjusted EBITDA +64%, collected 53M gal waste oil (+13%).
- Raises 2022 adjusted EBITDA guidance to $800-830M (midpoint +$35M); free cash flow guidance $250-290M.
- Q2 2022 adjusted EBITDA expected to increase 25-30% YoY.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822818/000082281822000023/0000822818-22-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822818/000082281822000023/clh-20220504.htm
  HTML page:      https://secwatch.observer/filing/0000822818-22-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer