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BioHiTech Global, Inc. (NASDAQ: BHTG) announced that CEO Tony Fuller will host a conference call on August 9, 2021, at 4:30 p.m. EDT to discuss financial results for Q2 ended June 30, 2021. CFO Brian Essman will also participate. Interested parties are encouraged to pre-register for the call. A replay will be available until August 23, 2021. BioHiTech focuses on sustainable waste management solutions that lower carbon footprints and reduce landfill usage, but future performance may vary due to inherent risks.
BioHiTech Global (NASDAQ: BHTG) has signed a project management services agreement with Lone Cypress Energy Services to develop High-Efficiency Biological Treatment (HEBioT) projects. Lone Cypress will handle environmental permitting and compliance while both companies explore new uses for Solid Recovered Fuel (SRF). BioHiTech's existing HEBioT facility in Martinsburg, West Virginia, processes 110,000 tons of waste annually, producing 50,000 tons of SRF. This partnership aims to enhance efficiency in waste management and expand renewable energy solutions.
BioHiTech Global (NASDAQ: BHTG) commends West Virginia's new legislation, Senate Bill 368, which eliminates solid waste assessment fees for mixed waste processing. This law makes renewable energy investments more attractive, fostering green jobs and a sustainable future. The company's Entsorga facility in Martinsburg will benefit from reduced fees, promoting expansion in resource recovery and mixed waste processing. In 2020, the facility produced 11,250 tons of Solid Recovered Fuel, diverting over two-thirds of inbound materials from landfills, aligning with environmental goals.
BioHiTech Global (NASDAQ: BHTG) announced new purchase orders worth approximately $2.3 million for its Revolution Series™ Digesters from Carnival Corporation. These orders are expected to be fulfilled in Q3 2021. The company's CEO, Tony Fuller, expressed gratitude for Carnival's trust in their technology, emphasizing its importance for sustainable food waste management. BioHiTech's digesters include a proprietary data analytics platform that enhances waste management transparency and supports onboard disposal solutions.
BioHiTech Global (NASDAQ: BHTG) reported financial results for Q1 2021, achieving total revenues of $3.0 million, a 124% increase year-over-year and a 21% increase compared to Q4 2020. Equipment sales reached $2.3 million, up 602% year-over-year. The company secured $1.8 million in new digester orders from Carnival Corporation, contributing to its growth. Operating loss decreased to $184,000, with improved contribution rates. However, revenues from the HEBioT facility declined by $138,000 amidst operational challenges.
BioHiTech Global, Inc. (NASDAQ: BHTG) will host a conference call on May 17, 2021, at 4:30 p.m. EDT, to discuss its financial results for Q1 2021, which ended on March 31, 2021. CEO Tony Fuller and CFO Brian Essman will present during the call. Participants must pre-register to receive dial-in instructions, with options for domestic and international callers. The conference will also be available via live webcast and a replay will be accessible shortly after the call, lasting until August 17, 2021.
BioHiTech Global, Inc. (NASDAQ: BHTG) announced participation in the Benzinga Global Small Cap Conference on May 14, 2021. CEO Tony Fuller will engage in a fireside chat at 1:05 PM ET. This event presents an opportunity for dialogue about the company's sustainable technology solutions aimed at improving environmental outcomes. Interested parties can register via the provided link and schedule one-on-one meetings with management post-conference. BioHiTech focuses on waste management technologies that reduce carbon footprints and enhance sanitation.
BioHiTech Global reported strong financial results for the fiscal year ending December 31, 2020, with total revenues of $5.88 million, up 39.3% from 2019. Q4 saw equipment sales reach $1.66 million, growing 460% sequentially. Revenue from digester and equipment sales rose 81.7% to $3.88 million.
Despite challenges posed by the pandemic, BioHiTech's growth in equipment sales and HEBioT services, up 69%, showcases resilience. The company secured new orders from Carnival Corp and expanded its operational capabilities.
BioHiTech Global, Inc. (NASDAQ: BHTG) has announced the cancellation of its year-end 2020 financial results conference call, initially set for April 12, 2021. Management will reschedule the call for a later date, which will be communicated soon. The Company specializes in sustainable waste management technologies aimed at improving environmental outcomes, including converting municipal solid waste into renewable fuel and reducing food waste. These innovations help lower carbon footprints and enhance sanitation in various environments.
BioHiTech Global, Inc. (NASDAQ: BHTG) will host a conference call on April 12, 2021, at 4:30 p.m. EDT to discuss its financial results for the year ended December 31, 2020. CEO Tony Fuller and CFO Brian Essman will review the company’s performance and provide updates on corporate developments. A Q&A session will follow, limited to pre-submitted questions. Participants must pre-register to join the call. The event will also be available via live webcast, with a replay accessible within an hour of the call's conclusion until July 1, 2021.
