Date: November 11, 2003
Source: News Room
Clean Harbors Inc. (NasdaqNM: CLHB) has posted a profit for the third quarter, meeting its debt covenants for the quarter after failing to do so in the first two quarters of this year. The company posted net income of $7.4 million, or 48 cents a share, compared with a net loss of $33.4 million, or $2.76 a share, in the third quarter of 2002. Revenue rose to $151.1 million from $83.4 million in the third quarter of last year. The company estimated 2003 revenue of $615 million to $620 million, below its prior estimates of $630 million to $660 million.
More information: www.cleanharbors.com.
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