Casella Waste Systems, Inc. Announces Third Quarter 2023 Results and Updates Fiscal Year 2023 Guidance
The Company raised its revenue, Adjusted EBITDA, and Adjusted Free Cash Flow guidance ranges, updated its net income guidance range and reaffirmed its net cash provided by operating activities guidance range for the fiscal year ending December 31, 2023 ("fiscal year 2023").
- The Company raised its revenue, Adjusted EBITDA, and Adjusted Free Cash Flow guidance ranges, updated its net income guidance range and reaffirmed its net cash provided by operating activities guidance range for the fiscal year ending December 31, 2023 ("fiscal year 2023").
- The Company closed three acquisitions during the quarter, including the acquisition of Consolidated Waste Services, LLC and its affiliates (dba “Twin Bridges”) on September 1, 2023.
- The Company raised guidance for fiscal year 2023 by estimating results in the following ranges:
The Company reaffirmed certain guidance for fiscal year 2023 by estimating results in the following range:
Net cash provided by operating activities between $231 million and $237 million. - The Company will host a conference call to discuss these results on Thursday, November 2, 2023 at 10:00 a.m. Eastern Time.