Waste Connections, Inc., a waste management company based in Ontario, Canada, recently disclosed its first quarter 2025 outlook during an earnings conference call on February 13, 2025. According to the information highlighted during the call, the company expects its revenue for the first quarter of the year to range between $2.200 billion to $2.225 billion. Net income attributable to Waste Connections is estimated to fall within the range of $241.0 million to $246.0 million. Additionally, the company anticipates Adjusted EBITDA to be in the range of $700 million to $710 million, representing approximately 31.8% to 31.9% of revenue.
The company further stated that for the full year, excluding the impact of the closing of the Chiquita Canyon Landfill, they expect price plus volume growth in the range of 4% to 5% for solid waste, with pricing estimated to be around 6.0%. These projections do not assume changes in the current economic environment and include contributions from acquisitions signed under definitive agreements expected to close in the second quarter. However, they exclude impacts from potential acquisitions throughout the remainder of the year and any transaction-related expenses during that period.
It is essential to note that the information shared by Waste Connections in its Form 8-K filing is not intended to be filed for compliance purposes under the Securities Exchange Act of 1934. The company cautions that forward-looking statements are inherently subject to risks and uncertainties that could lead to actual results differing materially from the expected outcomes. Waste Connections commits to updating this forward-looking information as required by applicable securities laws.
The content of Waste Connections’ outlook provides valuable insights for investors and industry observers into the company’s performance expectations and strategic direction for the upcoming period.
InMed Pharmaceuticals, A Pharmaceutical Firm, Reports Second Quarter Fiscal Financials And Updates on Drug Development
InMed Pharmaceuticals Inc., a pharmaceutical company specialized in developing proprietary small molecule drug candidates targeting diseases with significant unmet medical needs, recently disclosed its financial results for the second quarter of the fiscal year 2025, ending on December 31, 2024. The company’s complete financial statements and related MD&A for the first quarter ended December 31, 2024, can be accessed at their official website and other regulatory sources.
CEO of InMed, Eric A. Adams, expressed satisfaction with the progress evident in both the pharmaceutical pipeline and commercial operations of the company. The promising data from the preclinical study of INM-901 indicated a substantial reduction in neuroinflammatory markers, critical in Alzheimer’s disease advancement. This breakthrough positioning of INM-901 in targeting neuroinflammation beyond traditional treatments focusing on amyloid beta and tau proteins marks a significant milestone in combatting the disease. Moreover, the selection of an intravitreal formulation for INM-089 signifies a crucial step in advancing their dry AMD treatment program.
In concluding remarks, Adams highlighted the resilience shown by BayMedica in optimizing its supply chain and cutting down operational costs as it moves towards profitability, despite facing market challenges. The company continues to maintain a diligent watch over expenses while progressing its pharmaceutical pipeline candidates.
This update marks a critical juncture for InMed Pharmaceuticals as they navigate through the complexities of drug development and commercial viability in the pharmaceutical industry. Their dedication to advancing innovative treatments for various medical conditions showcases their commitment to improving healthcare outcomes.
This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Waste Connections’s 8K filing here.
Waste Connections Company Profile
Waste Connections, Inc provides non-hazardous waste collection, transfer, disposal, and resource recovery services in the United States and Canada. It offers collection services to residential, commercial, municipal, industrial, and exploration and production (E&P) customers; landfill disposal services; and recycling services for various recyclable materials, including compost, cardboard, mixed paper, plastic containers, glass bottles, and ferrous and aluminum metals.
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