National Waste Management Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015
November 16, 2015 at 12:31 pm
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National Waste Management Holdings, Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2015. Revenue for the quarter ended September 30, 2015 was $479,698 versus $422,636 for the quarter ended September 30, 2014. The increase in revenue was due to the addition of new customers and expanded sales to existing customers. Operating income was $116,140 versus operating income of $63,401 for the third quarter of 2014. Net income for the third quarter of 2015 was $81,754 or $0.001 earnings per diluted share, versus net income of $61,435 or $0.001 earnings per diluted share for the third quarter of 2014. Income before income taxes was $112,055 against $61,435 reported last year.
For the nine months, the company reported net income of $0.18 million or $0.003 per diluted share on revenue of $1.3 million compared to net income of $0.2 million or $0.004 per diluted share on revenue of $1.2 million reported in the same period last year. Income from operations was $0.3 million against $0.2 million reported last year. Income before income taxes was $0.28 million against $0.2 million reported last year.
National Waste Management Holdings, Inc. through its subsidiaries provide a full-service solid waste management company. It is focused on five businesses related to waste removal and management, which includes landfill services, roll-off dumpster services, commercial and residential trash collection, transfer station operations, and paper shredding and data destruction. It specializes in construction and demolition landfill and roll-off services. It offers commercial and residential dumpster service and roll-off boxes for construction and cleanup projects specializing in the removal of debris, garbage, waste, hauling construction and demolition debris, focused on servicing general contractors, new home builders, reconstruction, renovation, landscaping, and home improvement professionals. It also provides grinding, demolition, mulch, and gravel services. Its subsidiaries include Sand/Land of Florida Enterprises, Inc., Waste Recovery Enterprises, LLC, and Gateway Rolloff Services, LP.
National Waste Management Holdings, Inc. Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2015