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Casella Waste Systems, Inc. Announces Fourth Quarter and Fiscal Year 2020 Results and Provides Fiscal Year 2021 Guidance Nasdaq:CWST


(MENAFN - GlobeNewsWire - Nasdaq) RUTLAND, Vt., Feb. 18, 2021 (GLOBE NEWSWIRE) Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, today reported its financial results for the three and twelve month periods ended December 31, 2020. The Company also provided guidance for the fiscal year ending December 31, 2021 ( fiscal year 2021 ).
Highlights for the Three and Twelve Months Ended December 31, 2020:
Revenues were $200.2 million for the quarter, up $6.6 million, or up 3.4%, from the same period in 2019. Revenues were $774.6 million for the twelve months ended December 31, 2020 ( fiscal year 2020 ), up $31.3 million, or up 4.2%, from the fiscal year ended December 31, 2019 ( fiscal year 2019 ). ....

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Casella Shows Resiliency in Q4, Looks Forward to 2021


Casella
Casella Waste Systems Inc. (CWST) presented its Q4 2020 financial results as well as figures for the fiscal year ended December 31, 2020.
The company cited the resiliency of its business model and systems enhancements for its ability to respond to sales trends and market changes while executing its long-term growth strategy.
Volumes further rebounded in Q4 as commercial customers reopened, construction activity returned and economic activity moved in a positive direction for Casella’s secondary and rural markets in the Northeast.
This year was unprecedented in our strong performance and execution highlights the resiliency of our business, along with a courage, dedication and tenacity of our 2500 employees, said John Casella, chairman and CEO. ....

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