secwatch.observer — SEC 8-K summary
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Issuer:     Waste Connections, Inc. (WCN)
CIK:        0001318220
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001558370-24-001061
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Waste Connections Q4 adj EBITDA $656M (+16.4%), 2024 outlook adj EBITDA $2.86B margin 32.7%
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- Q4 revenue $2.036B (+8.9% YoY); adj net income $285.5M ($1.11/diluted share) vs. $229.8M ($0.89) prior year.
- Full year 2023 revenue $8.022B (+11.2%); adj EBITDA $2.523B (+13.6%) margin 31.5% (+70 bps).
- 2024 outlook: revenue ~$8.750B; adj EBITDA ~$2.86B (32.7% margin, +120 bps); adj FCF $1.200B.
- Acquired Secure Energy E&P waste assets (~$225M US revenue) closed Feb 1; 2024 acquisition revenue contribution ~$325M.
- Core pricing up 8.7%; employee turnover and safety at multi-year lows; capital spending $1.15B incl. $150M RNG.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1318220/000155837024001061/0001558370-24-001061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1318220/000155837024001061/wcn-20240213x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-001061

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