NORWELL, Mass. - Waste management services provider Clean Harbors Inc. on Wednesday said its first-quarter profit more than doubled, helped by higher revenue from both its technical and site services unit.
| CLHB | 59.11 |
Quarterly profit rose to $8.9 million, or 43 cents per share, from $3.4 million, or 17 cents per share, in the same period last year.
Revenue rose 18 percent to $242.5 million from $205 million last year.
Analysts polled by Thomson Financial predicted a profit of 40 cents per share on revenue of $232.1 million.
The company said growth was broad based and all geographic regions were above plan.
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