US Ecology (ECOL) Posted Record Q3 2012 Results, It Raised FY2012 Guidance
10/31/2012

** US Ecology, Inc. (Nasdaq:ECOL) rported that it net income for the third quarter of 2012 was $8.7 million, or $0.47 per diluted share. Adjusted earnings per diluted share grew 33% to $0.44 for the third quarter of 2012. This compares to $3.7 million of net income for the t

Online PR News – 31-October-2012 – Las Vegas, NV – ECOL, US Ecology, Inc.

ECOL rported that it net income for the third quarter of 2012 was $8.7 million, or $0.47 per diluted share. Adjusted earnings per diluted share grew 33% to $0.44 for the third quarter of 2012. This compares to $3.7 million of net income for the third quarter of 2011, or $0.20 per diluted share, and adjusted earnings per diluted share of $0.33. Operating income for the third quarter of 2012 grew to a record $12.4 million, up 30% from $9.6 million in the third quarter of 2011. According to its 2012 update ando outlook, ECOL adjusted EBITDA is now expected to range between $55 and $57 million, up from $48 to $52 million, and earnings per share is expected to range from $1.30 to $1.35 per diluted share, up from the previous guidance of $1.05 to $1.15 per share. ECOL, through its subsidiaries, provides radioactive, hazardous, PCB and non-hazardous industrial waste management and recycling services to commercial and government entities, such as refineries and chemical production facilities, manufacturers, electric utilities, steel mills, medical and academic institutions and waste brokers. Headquartered in Boise, Idaho, ECOL is one of the oldest radioactive and hazardous waste services companies in North America. Moreabout ECOL at www.usecology.com.

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