Net income was $135.8 million, or $2.50 per diluted share. Income from operations nearly doubled to $209.1 million from $104.8 million in the third quarter of 2021. Revenues increased 43% to $1.36 billion from $951.5 million in the same period of 2021. Most importantly, our safety performance in the quarter and year to date was the best in our history with a Total Recordable Incident Rate (TRIR) of just 0.74 through nine months – far below our annual goal of less than 1.0.” Our positive results were driven by profitable growth contributions from both of our operating segments. “We extended our strong 2022 performance with a revenue increase of 43%, growth in Adjusted EBITDA of 67% and a corresponding improvement in Adjusted EBITDA margins of 310 basis points to 22.6%. McKim, Chairman, President and Chief Executive Officer. “In the third quarter, favorable market dynamics combined with the quality of our offerings drove continued broad-based demand for our comprehensive suite of environmental services and sustainable products,” said Alan S. (“Clean Harbors”) (NYSE: CLH), the leading provider of environmental and industrial services throughout North America, today announced financial results for the third quarter ended September 30, 2022. Announces CEO Succession Plan in Separate News Release Today.
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Revises 2022 Adjusted EBITDA and Adjusted Free Cash Flow Guidance.Achieves Q3 Adjusted EBITDA Growth of 67% to $308.6 Million.
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