Date: March 30, 2005
Source: News Room
Waste Industries USA Inc. has announced that fiscal 2004 earnings were $1.4 million below previous statements due to an accounts receivable problem with a major customer. The company will report net income of $11.8 million, or 96 cents per share, for the year ended Dec. 31, down from $13.2 million or 97 cents a share. The company became aware of the circumstance late in the preparation of its 10-K. and has asked for a filing extension from the Securities and Exchange Commission.
More information: www.waste-ind.com.
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