secwatch.observer — SEC 8-K summary
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Issuer:     CLEAN HARBORS INC (CLH)
CIK:        0000822818
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000822818-23-000031
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 up 12% to $1.31B; raises FY23 adjusted EBITDA guidance to $1.02-1.06B
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- Q1 net income $72.4M ($1.33 EPS) vs $45.3M ($0.83); adjusted EPS $1.36.
- Revenue $1.31B (+12% YoY); Environmental Services rev +13%, Safety-Kleen rev +7%.
- Adjusted EBITDA $215.1M (+19%); margin 16.5% (+110 bps).
- Full-year 2023 adjusted EBITDA guidance raised to $1.02-1.06B reflecting Thompson Industrial acquisition ($9M expected contribution).
- Q2 2023 adjusted EBITDA expected down 7-9% YoY; SKSS profitability pressured by base oil spread compression.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822818/000082281823000031/0000822818-23-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822818/000082281823000031/clh-20230503.htm
  HTML page:      https://secwatch.observer/filing/0000822818-23-000031

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