Date: March 27, 2003
Source: News Room
Clean Harbors, Inc. (Nasdaq: CLHB) has announced financial results for the fourth quarter and year ended December 31, 2002. The fourth quarter is the first full quarter to include results from the Chemical Services Division that Clean Harbors acquired from Safety-Kleen in September 2002. The company reported fourth-quarter revenues of $153.3 million, a 102 percent increase as compared with $75.8 million in the same quarter in 2001. Net income for the fourth quarter of 2002 was $4.9 million, or $0.29 per share, compared with net income of $3.8 million, or $0.27 per share for the same quarter of the prior year. For the full year 2002, Clean Harbors reported revenues of $350.1 million, a 39 percent increase compared with $251.6 million in 2001.
More information: www.cleanharbors.com.
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