Date: October 31, 2002
Source: News Room
Waste Management Inc. (NYSE: WMI) has announced financial results for its third quarter ended Sept. 30, 2002. Revenues for the quarter were $2.90 billion, no relative change from the $2.90 billion in the year ago period. Net income reported for the quarter was $231 million, or $0.38 per diluted share, compared with net income of $30 million, or $0.05 per diluted share, for the third quarter 2001. Company officials said that the level of waste production during the quarter reflected overall U.S. economic conditions, and while there has been little recovery, there also has been little worsening of the situation. More information: www.wm.com.
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