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Enviri Corporation - NVRI STOCK NEWS

Welcome to our dedicated page for Enviri Corporation news (Ticker: NVRI), a resource for investors and traders seeking the latest updates and insights on Enviri Corporation stock.

Enviri Corporation (NYSE: NVRI) is a global leader in providing a broad range of environmental services and innovative solutions aimed at transforming waste into valuable resources. Headquartered in Philadelphia, Pennsylvania, Enviri operates in over 150 locations across more than 30 countries, showcasing a vast operational footprint and international expertise.

The company's current operations are divided into three core divisions: Harsco Environmental, Harsco Rail, and Clean Earth. Harsco Environmental is the largest provider of on-site material processing and environmental services to the global metals industry, operating at over 130 customer sites in 32 countries. Their services include slag pot handling, metal recovery, and slag processing, all aimed at promoting efficient and sustainable metal production.

Harsco Rail, another division, offers comprehensive railway maintenance and construction solutions. This division stands out for its commitment to enhancing rail safety and efficiency, catering to a diverse, international client base with cutting-edge technologies.

Clean Earth specializes in the remediation, disposal, recycling, and beneficial reuse of hazardous and non-hazardous waste. Recently, Clean Earth was selected by the U.S. Department of Defense for a prototype project to demonstrate remediation technologies for PFAS, a significant environmental challenge. The division operates 91 locations across the United States, providing extensive capabilities in waste management and environmental sustainability.

Enviri is committed to helping its clients achieve their sustainability goals by offering critical recycling and reuse solutions for complex waste streams. Its dedication to environmental stewardship and innovation positions the company as a key player in the global shift towards greener practices.

Recent achievements of Enviri include the renewal of a multi-year services contract with SULB Company by Harsco Environmental, the announcement of the fourth quarter and full-year 2023 earnings results, and a multi-year contract with Gerdau in Mexico to provide comprehensive environmental services.

For investors and stakeholders, Enviri continues to demonstrate robust financial health and strategic growth. The company's focus on sustainable solutions and innovative practices not only addresses current environmental challenges but also paves the way for future advancements in green technologies.

Rhea-AI Summary
Enviri Corporation reported Q3 2023 results with revenues of $525 million, a YoY increase of 8%. GAAP operating income was $30 million, and adjusted EBITDA was $79 million, a 12% increase YoY. The Credit Agreement Net Leverage Ratio declined to 4.5x at quarter-end. Full Year 2023 Adjusted EBITDA guidance range increased to $282-289 million.
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Harsco Environmental launches low-carbon fertilizer in Brazil, AgroSilicio, to help decrease carbon footprint. The product is made from recycled steel slag and acts as a fertilizer and soil conditioner. It emits zero carbon and has already reduced carbon footprint by 80,000 tons in 2022. Harsco Environmental aims to provide innovative sustainability initiatives.
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Clean Earth, a division of Enviri Corporation, increased recycling of hazardous and non-hazardous waste by 53% last year. They recycled 8.7 billion pounds of waste in 2022, with a 102% increase in non-hazardous waste and an 84% increase in wastewater recycling. Clean Earth aims to recycle over 9 billion pounds of waste in 2023.
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Enviri Corporation to release Q3 2023 earnings results on November 2, 2023
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Enviri Corporation reports 38% increase in annual revenue from environmental solutions divisions
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Enviri to present at Gabelli Funds PFAS Symposium
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Enviri Corporation appoints Tom Vadaketh as Senior VP and CFO, effective Oct. 16, 2023.
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Enviri Corporation launches Thrive, a new community and philanthropic program, allocating $140,000 to partner with organizations supporting the environment, education, science and technology, and the arts.
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Clean Earth, a division of Enviri Corporation, has been named on the Top 200 Environmental Firms list for the 13th consecutive year. The company maintained its spot at #28 and ranked in the top 30 for the third consecutive year. Clean Earth reported $827.8 million in gross revenue for 2022, with 100% derived from environmental solutions.
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FAQ

What is the current stock price of Enviri Corporation (NVRI)?

The current stock price of Enviri Corporation (NVRI) is $7.63 as of December 20, 2024.

What is the market cap of Enviri Corporation (NVRI)?

The market cap of Enviri Corporation (NVRI) is approximately 601.8M.

What does Enviri Corporation do?

Enviri Corporation provides a broad range of environmental services and related innovative solutions, focusing on recycling and reuse of waste streams.

Where is Enviri Corporation headquartered?

Enviri Corporation is headquartered in Philadelphia, Pennsylvania.

How many locations does Enviri operate in?

Enviri operates in over 150 locations across more than 30 countries.

What are the main divisions of Enviri Corporation?

The main divisions of Enviri Corporation are Harsco Environmental, Harsco Rail, and Clean Earth.

What services does Harsco Environmental provide?

Harsco Environmental offers on-site material processing and environmental services to the global metals industry, including slag handling, metal recovery, and slag processing.

What is Clean Earth's role in Enviri Corporation?

Clean Earth specializes in the remediation, disposal, recycling, and reuse of hazardous and non-hazardous waste, and is involved in significant projects like the remediation of PFAS for the U.S. Department of Defense.

What recent achievements has Enviri Corporation made?

Recent achievements include renewing a multi-year contract with SULB Company, signing a new contract with Gerdau, and participating in a PFAS remediation project for the U.S. Department of Defense.

How does Enviri Corporation contribute to sustainability?

Enviri Corporation provides recycling and reuse solutions for complex waste streams, helping customers achieve their sustainability goals.

How can I get updates about Enviri Corporation's financial performance?

You can get updates about Enviri Corporation's financial performance by visiting the Investor Relations section of their website or joining their earnings calls and webcasts.

What is Enviri Corporation's commitment to environmental stewardship?

Enviri Corporation is committed to transforming waste into valuable resources, reducing environmental impact, and promoting sustainable practices through innovative solutions.

Enviri Corporation

NYSE:NVRI

NVRI Rankings

NVRI Stock Data

601.82M
77.23M
2.37%
95.01%
3.01%
Waste Management
Services-services, Nec
Link
United States of America
PHILADELPHIA