Waste Services Reports Second Quarter Results

Date: July 21, 2005

Source: News Room

Waste Services, Inc. (Nasdaq: WSII) has reported financial results for the three months ended June 30, 2005. Revenue for the quarter was $95.4 million, an increase of $22.8 million, or 31 percent, over the same period last year. The increase arose from business acquisitions of $8.8 million, pricing increases of $2.4 million, additional fuel surcharges to offset increased fuel costs of $1.5 million, increased volume at the company's landfill sites of $3.5 million, internal growth of $2.6 million, and other increases of $0.6 million. EBITDA totaled $11.4 million for the three months ended June 30, 2005, compared to $8.7 million for the same period last year.
More information: www.wsiwaste.com.

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