secwatch.observer — SEC 8-K summary
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Issuer:     Waste Connections, Inc. (WCN)
CIK:        0001318220
Form:       8-K
Filed at:   2024-04-24T23:59:59+00:00
Accession:  0001558370-24-005585
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Waste Connections Q1 revenue $2.073B (+9.1% YoY), adjusted EBITDA margin 31.4%, above outlook
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- Revenue $2.073B (vs $1.901B YoY); net income $230.1M ($0.89 diluted EPS), adjusted EPS $1.04.
- Adjusted EBITDA $650.7M (+14.8% YoY), margin 31.4% (+160 bps YoY), above outlook; on track to exceed full-year target of 32.7%.
- Year-to-date acquired annualized revenue >$375M, including Secure Energy deal in Feb and ~$150M in solid waste acquisitions.
- Net cash from operations $490.3M; adjusted free cash flow $324.8M.
- Management cites improving employee retention, safety trends (incidents at 3-yr lows), and rising commodity values.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1318220/000155837024005585/0001558370-24-005585-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1318220/000155837024005585/wcn-20240424x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-005585

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