Date: April 20, 2005
Source: News Room
Allied Waste has reported a first-quarter profit of $17 million in net income, or five cents a share, up from a loss last year of $2.4 million, or one cent a share. Revenue for the quarter rose 2.4 percent to $1.31 billion from $1.27 billion; the majority of the growth came from increased volume, with the remainder coming from higher pricing. The company also announced that recycling revenue increased by $3 million.
More information: www.alliedwaste.com.
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