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Article: EarthCare Announces Financial Results and New Strategic Focus on Solid Waste Industry.
- Article from:
- PR Newswire
- Article date:
- November 14, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DALLAS, Nov. 14 /PRNewswire/ --
EarthCare Company (Nasdaq: ECCO) today announced financial results for the third quarter of 2000. Revenues for the quarter were $22.2 million, up 103% compared to the $10.9 million reported for the third quarter of 1999. The loss from operations in the third quarter of 2000 was $1.1 million and EBITDA (earnings before interest, taxes and depreciation and amortization) was $0.5 million compared to income from operations of $0.3 million and EBITDA of $1.0 million in the third quarter of 1999. The net loss for the quarter was $4.0 million or $0.29 per share compared to a net loss of $0.3 million or $0.03 per share for the same ...