Avalon Q1 revenue rises on waste management strength, net loss narrows
Avalon Holdings Corporation Class A AWX | 0.00 |
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
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q1 Net Income |
|
-$1.28 mln |
|
Q1 Basic EPS |
|
-$0.32 |
|
Q1 Operating Income |
|
-$736,000 |
|
Q1 Pretax Profit |
|
-$1.24 mln |
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