Waste Connections Q1 revenue up 15.4% to $1.901B; adj. EPS $0.89 vs $0.82

Waste Connections, Inc.

2023-Q1 EPS reported $0.77 revenue$1,900,503,000

Revenue $1.901B (+15.4% YoY); net income $197.8M ($0.77 diluted EPS).
Adjusted EBITDA $566.9M vs $502.1M; adjusted net income $0.89 per diluted share.
Operating cash flow $442.4M; adjusted free cash flow $274.0M.
Closed ~$45M acquired revenue YTD; expect continued pace; full-year outlook reaffirmed with potential upside.
Q1 faced difficult compare due to resource recovery decline and weather impacts on West Coast.

item 2.02 item 7.01 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Waste Connections, Inc. reported the first quarter of 2023 results: revenue $1.901 billion, net income $197.8 million, EPS $0.77 per share on a diluted basis.

Period: the first quarter of 2023
Revenue: $1.901 billion
Net income: $197.8 million
EPS: $0.77 per share on a diluted basis
Result: reported results

Exact text from the filing

REPORTS FIRST QUARTER 2023 RESULTS - Price-led organic growth, strong operational execution, and continuing acquisition activity drive strong start to 2023 - Revenue of $1.901 billion, up 15.4% - Net income (a) of $197.8 million and adjusted EBITDA (b) of $566.9 million - Net income and adjusted net income (b) of $0.77 and $0.89 per share, respectively - Net

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Source: SEC EDGAR

accession 0001558370-23-006832

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