Date: April 27, 2004
Source: News Room
Waste Management Inc. (NYSE: WMI) has announced financial results for its first quarter ended March 31, 2004. Revenues for the quarter were $2.90 billion as compared to $2.73 billion in the same period in 2003, an increase of 6.0%. Net income for the quarter was $152 million, or $0.26 per diluted share, as compared to $61 million, or $0.10 per diluted share in the 2003 quarter. The company recorded net cash from operating activities of $470 million and free cash flow of $311 million.
More information: www.wm.com.
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