Casella Reports Third Quarter Financial Results

Date: March 7, 2002

Source: News Room

Casella Waste Systems, Inc. has reported financial results for the third quarter of its 2002 fiscal year. For the quarter ended January 31, 2002, the company reported earnings of $21.4 million; revenue for the quarter was $100.8 million. For the nine months ended January 31, 2002, the company reported revenues of $322.9 million and net income of $8.0 million. The company has reduced its debt by $139 million over the last 12 months through divestitures and capital improvements. The company provides collection, transfer, disposal and recycling services primarily in the northeastern United States. More information: www.casella.com.

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