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AWX — Avalon Holdings News Story

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Avalon Q1 revenue rises on waste management strength, net loss narrows

Overview

US waste management and resort operator's Q1 revenue rose yr/yr

Q1 net loss narrowed from prior year

Basic net loss per share improved to $0.32 from $0.38 yr/yr

Outlook

Company did not provide specific guidance or outlook for the current or future periods

Result Drivers

WASTE MANAGEMENT REVENUE - Waste management services revenue increased to $11.5 mln from $9.7 mln yr/yr

GOLF OPERATIONS DECLINE - Revenue from golf and related operations fell to $6.2 mln from $6.4 mln yr/yr

Company press release: ID:nPn1lmm6Ja

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 Net Income-$1.28 mln
Q1 Basic EPS-$0.32
Q1 Operating Income-$736,000
Q1 Pretax Profit-$1.24 mln
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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