Cash flow from operations improved $21.0 million during the second quarter compared to prior year despite COVID-19 pandemic headwinds
Ponte Vedra, Fla.
PONTE VEDRA, Fla., July 30, 2020 /PRNewswire/ -- Advanced Disposal Services, Inc. (NYSE: ADSW), (d/b/a Advanced Disposal) announced today revenue of $380.3 million for the three months ended June 30, 2020 versus $419.1 million in the same period of the prior year. Net income during the second quarter 2020 was $6.2 million or $0.07 per diluted share, which was an improvement of $7.2 million or 0.08 per diluted share compared to the prior year. Adjusted net income, which excludes certain gains and expenses, was $17.0 million, or $0.19 per diluted share.