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

Avalon Holdings Corporation Class A

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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