secwatch.observer — SEC 8-K summary
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Issuer:     CASELLA WASTE SYSTEMS INC (CWST)
CIK:        0000911177
Form:       8-K
Filed at:   2024-10-30T23:59:59+00:00
Accession:  0000911177-24-000088
Event type: earnings
Sentiment:  neutral
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Casella Waste Q3: rev $411.6M (+16.7%), Adj. EBITDA $102.9M; acquires Royal; cuts net income guidance
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- Revenue $411.6M, up 16.7% YoY; solid waste pricing +5.5%, collection price +6.1%.
- Net income $5.8M ($0.10 EPS), down 68.2% YoY; operating income includes $8.5M charge at Southbridge landfill.
- Adjusted EBITDA $102.9M, up 14.9% YoY; organic growth 6.0%.
- Acquired Royal Carting (Oct 1) with >$90M annualized revenue; YTD six acquisitions >$200M combined.
- FY2024 guidance: reaffirms Adj. EBITDA $360-370M; lowers net income to $10-20M (from $15-25M).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/911177/000091117724000088/0000911177-24-000088-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/911177/000091117724000088/cwst-20241030.htm
  HTML page:      https://secwatch.observer/filing/0000911177-24-000088

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