Casella’s (CWST) Growth Machine Is Outrunning Its Own Profits

Casella Waste Systems reported second-quarter results that demonstrated divergent performance across key metrics. Revenue reached $543.7 million, representing 16.9% growth compared to the prior year, while adjusted EBITDA climbed 12.5% to $123.2 million. However, GAAP net income declined 27.6% to $3.8 million, highlighting a widening gap between top-line expansion and bottom-line profitability.
The company’s revenue growth was fueled by multiple drivers. Five acquisitions completed during