secwatch.observer — SEC 8-K summary
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Issuer:     CASELLA WASTE SYSTEMS INC (CWST)
CIK:        0000911177
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0000911177-23-000141
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Casella Waste Q3 revenue up 19.5% to $352.7M; raises FY2023 EBITDA, FCF guidance
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- Revenue $352.7M (+19.5% YoY); net income $18.2M (-19.8%) due to acquisition costs and higher D&A.
- Adjusted EBITDA $89.6M (+19.4%); FY2023 guidance raised to $292-298M from $289-295M.
- Closed three acquisitions in Q3 including Twin Bridges; integration ongoing for ~1,000 new team members.
- Solid waste pricing up 6.9% (collection +7.6%, disposal +5.9%); special waste weak in Sep, improved Oct.
- FY2023 net income guidance lowered to $33-39M from $41-47M on $11M more D&A and higher interest expense.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/911177/000091117723000141/0000911177-23-000141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/911177/000091117723000141/cwst-20231101.htm
  HTML page:      https://secwatch.observer/filing/0000911177-23-000141

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