secwatch.observer — SEC 8-K summary
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Issuer:     CASELLA WASTE SYSTEMS INC (CWST)
CIK:        0000911177
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0000911177-23-000009
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Casella Waste Q4 revenue up 12.5% to $272.1M; FY 2023 revenue guidance $1.15-1.18B
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- Q4 net income $8.4M ($0.16 diluted EPS) vs $9.1M ($0.18) in Q4 2021; Adjusted EBITDA $56.2M (+9.3% YoY).
- FY 2022 revenues $1.085B (+22.0%), net income $53.1M (+29.1%), Adjusted EBITDA $245.2M (+20.5%).
- FY 2022 results exceeded initial guidance: revenues by $90.1M, Adjusted EBITDA by $13.2M, Adjusted Free Cash Flow by $3.2M.
- FY 2023 guidance: revenues $1.15-1.18B, net income $56-62M, Adjusted EBITDA $266-272M, Adjusted Free Cash Flow $119-125M.
- Solid waste pricing up 6.2% in Q4; acquired 14 businesses with ~$51M annualized revenues in FY 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/911177/000091117723000009/0000911177-23-000009-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/911177/000091117723000009/cwst-20230216.htm
  HTML page:      https://secwatch.observer/filing/0000911177-23-000009

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