secwatch.observer — SEC 8-K summary
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Issuer:     CLEAN HARBORS INC (CLH)
CIK:        0000822818
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0000822818-24-000019
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 5% to $1.38B, Adj. EBITDA record $230M, raises FY2024 guidance
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- Revenue $1.38B (+5% YoY); net income $69.8M ($1.29 EPS); adjusted EPS $1.29.
- Adjusted EBITDA $230.1M (+7% YoY, record Q1); margin 16.7% (up 20 bps).
- Environmental Services revenue +10%, led by Technical Services +11%; incineration pricing +6%.
- Full-year 2024 Adj. EBITDA guidance raised to $1.10-$1.15B midpoint +11% YoY; FCF maintained $340-$400M.
- HEPACO acquisition closed; Kimball incinerator near commercial launch; Castrol partnership for MoreCircular program.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/822818/000082281824000019/0000822818-24-000019-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/822818/000082281824000019/clh-20240501.htm
  HTML page:      https://secwatch.observer/filing/0000822818-24-000019

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