US Ecology Announces Fourth Quarter and Full Year 2021 Results
BOISE, Idaho, Feb. 25, 2022 (GLOBE NEWSWIRE) -- US Ecology, Inc. (NASDAQ-GS: ECOL) ("US Ecology" or "the Company") today reported results for the fourth quarter and year ended December 31, 2021. FOURTH QUARTER HIGHLIGHTS COMPARED TO PRIOR YEAR: Total revenue increases 8% to $261.4 millionWaste Solutions Base Business grows 9% on improving underlying fundamentalsWaste Solutions Event Business rebounds with 15% growth Field Services segment revenue declines 4% due to difficult comparison to prior year Energy Waste recovery continues; revenue more than doubles and adjusted EBITDA margin improves to 35% Net Income of $3.6 million, earnings per diluted share of $0.
