---
schema_version: "secwatch.filing_event.v1"
accession: "0000911177-23-000057"
form_type: "8-K"
ticker: "CWST"
cik: "0000911177"
company_name: "CASELLA WASTE SYSTEMS INC"
filed_at: "2023-04-27T23:59:59+00:00"
generated_at: "2026-06-16T10:51:49.230597+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Casella Waste Q1 revenue up 12.2% to $262.6M; adjusted EBITDA up 11.2%; reaffirms FY guidance

## Summary
- Revenue $262.6M (+12.2% YoY); net income $3.5M ($0.07 diluted EPS) down 15.3% from prior year.
- Adjusted EBITDA $50.7M (+11.2%); solid waste pricing up 8.8% (collection +8.9%, disposal +9.3%).
- Closed acquisition of solid waste co. (~$12M annualized revenue) on Apr 3; signed GFL Environmental deal on Apr 21.
- Reaffirmed FY2023 guidance: rev $1.150B-$1.180B; adj. EBITDA $266M-$272M; net income $56M-$62M.
- Adjusted free cash flow $2.2M vs $16.3M in Q1 2022, decline due to working capital timing and higher capex.

## SEC filing metadata
- accession: 0000911177-23-000057
- form_type: 8-K
- ticker: CWST
- cik: 0000911177
- company_name: CASELLA WASTE SYSTEMS INC
- filed_at: 2023-04-27T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/911177/000091117723000057/0000911177-23-000057-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/911177/000091117723000057/cwst-20230427.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000911177-23-000057
- JSON: https://secwatch.observer/filing/0000911177-23-000057.json
- Plain text: https://secwatch.observer/filing/0000911177-23-000057.txt

## Key facts
- Earnings Releases
  CASELLA WASTE SYSTEMS INC reported first quarter ended March 31, 2023 results: revenue $262.6 million, net income $3.5 million, EPS $0.07 per diluted common share. Guidance reaffirmed.
  - Period: first quarter ended March 31, 2023
  - Revenue: $262.6 million
  - Net income: $3.5 million
  - EPS: $0.07 per diluted common share
  - Guidance: reaffirmed
  - Result: reported results
  source text: services company, today reported its financial results for the three month period ended March 31, 2023. Highlights for the Three Months Ended March 31, 2023: • Revenues were $262.6 million for the quarter, up $28.6 million, or up 12.2%, from the same period in 2022. • Overall solid waste pricing for the quarter was up 8.8% from the same period in 2022, driven by
  evidence_url: https://www.sec.gov/Archives/edgar/data/911177/000091117723000057/0000911177-23-000057-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.