Casella Reports Fourth Quarter, 2002 Results

Date: June 27, 2002

Source: News Room

Casella Waste Systems, Inc. (Nasdaq: CWST) has reported financial results for the fourth quarter and its 2002 fiscal year. For the quarter ended April 30, 2002, the company reported earnings before EBITDA of $21.1 million; pro forma revenues for the quarter were $97.0 million. For the fiscal year, the reports were $92.0 and $419.9, respectively. The company also generated $33.0 million of free cash flow for fiscal year 2002, and had an outstanding total debt level of $288.8 million. More information: www.casella.com.

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