Enviri Corporation (NVRI) Misses Q3 EPS by 8c, Misses on Revenue; Offers FY24 Guidance
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Enviri Corporation Reports Third Quarter 2024 Results
October 31, 2024 7:00 AM EDTThird quarter revenues totaled $574 million; organic growth in the quarter was 1%
Q3 GAAP operating income of $37 million
Adjusted EBITDA in Q3 totaled $85 million, an increase of 3% over the prior-year quarter
Completed sale of Reed Minerals, enabling Company to surpass 2024 asset sales goal of $50 to $75 million
Refinanced revolving credit and accounts receivable securitization facilities, enhancing financial flexibility
2024 Adjusted EBITDA now expected to be within range of $317 million and $327 million; mid-point... More
