Enviri Corporation (formerly Harsco) delivered flat revenue in Q3 2025 while posting a $20M net loss. Clean Earth showed continued strength, but results were weighed down by weak Harsco Rail demand and higher costs in Harsco Environmental.
Enviri Corporation experienced a challenging second quarter in 2025, with total revenues declining by 8% year-over-year to $562 million and a GAAP consolidated loss from continuing operations of $46 million. Adjusted EBITDA also decreased to $65 million. The Harsco Rail segment significantly underperformed due to weak demand and operational issues, while the Clean Earth business achieved record Q2 earnings and Harsco Environmental delivered consistent performance despite subdued steel-industry volumes. The company announced a formal process to evaluate strategic alternatives to unlock shareholder value.
Enviri Corporation reported first quarter 2025 results with revenues totaling $548 million, a decrease from the prior year. The company had a GAAP consolidated loss from continuing operations of $11 million but achieved Adjusted EBITDA of $67 million, exceeding guidance. Clean Earth showed strong performance with double-digit earnings growth, while Harsco Environmental and Harsco Rail experienced lower revenues.
Enviri Corporation reported Q4 2024 results with revenues of $559 million and a GAAP consolidated loss from continuing operations of $82 million. Adjusted EBITDA was $70 million, a 5% increase organically. The company is focusing on consistent execution amidst headwinds at Harsco Environmental and Rail, while Clean Earth achieved record profits and margins.
Enviri Corporation reported third quarter 2024 results with revenues totaling $574 million. GAAP operating income was $37 million, and Adjusted EBITDA was $85 million, a 3% increase year-over-year. The company surpassed its 2024 asset sales goal with the sale of Reed Minerals and refinanced its credit facilities to enhance financial flexibility. However, the adjusted diluted loss per share from continuing operations in the third quarter of 2024 was $0.01.
Enviri Corporation reported second-quarter revenues of $610 million, which is comparable to the prior-year quarter. GAAP operating income was $31 million, and adjusted EBITDA increased by 7 percent to $86 million. The company's credit agreement net leverage ratio declined to 3.9x. The company reaffirms its 2024 Adjusted EBITDA guidance to be within the range of $327 Million and $340 Million.
Enviri Corporation reported a 7% increase in first quarter revenues to $600 million compared to the prior year. GAAP operating income was $26 million, and adjusted EBITDA increased by 19% to $78 million. The company experienced a GAAP diluted loss per share of $0.21 and an adjusted diluted loss per share of $0.03.
Enviri Corporation reported a 13% increase in Q4 revenues from continuing operations, reaching $529 million. GAAP operating income from continuing operations was $28 million, and adjusted EBITDA totaled $73 million, a 21% increase over the prior-year quarter. The company's net leverage ratio declined to 4.1x at quarter-end, and they anticipate further improvements in operating results for 2024.
Enviri Corporation reported an 8% increase in third-quarter revenue, totaling $525 million. GAAP operating income was $30 million, and adjusted EBITDA rose by 12% to $79 million. The company increased its full-year adjusted EBITDA guidance to between $282 million and $289 million.
Enviri Corporation reported strong second-quarter results with revenues totaling $520 million, an 8% increase year-over-year. Adjusted EBITDA increased by 58% to $78 million. The company has raised its full-year adjusted EBITDA guidance, reflecting positive business momentum.
Harsco Corporation reported a 9% increase in first-quarter revenues from continuing operations, totaling $496 million. GAAP operating income was $29 million, and adjusted EBITDA reached $63 million, a 28% increase over the prior year. The company raised its full-year adjusted EBITDA guidance to between $260 million and $275 million.
Harsco Corporation reported a 6% increase in fourth-quarter revenues from continuing operations, totaling $468 million, excluding FX translation impacts. The company's Q4 GAAP operating income from continuing operations was $2 million, with an adjusted EBITDA of $61 million, surpassing the company's guidance range. Full-year revenue from continuing operations also increased by 6% before FX translation impacts, while adjusted EBITDA totaled $229 million. The company anticipates a meaningful increase in operating results for 2023.
Harsco Corporation reported a 4% increase in third-quarter revenue from continuing operations, totaling $487 million. GAAP operating income was $30 million, and adjusted EBITDA reached $70 million, exceeding the company's guidance range. The Clean Earth segment showed significant improvement, offsetting challenges in Harsco Environmental. The company increased its full-year adjusted EBITDA guidance to between $216 million and $223 million.
Harsco Corporation reported a mixed second quarter with revenues up 3% year-over-year to $481 million. However, the company experienced a GAAP operating loss of $97 million, including a $105 million non-cash goodwill impairment charge. Adjusted EPS was $0.01, while the company updated its full-year Adjusted EBITDA guidance to $210-$220 million and free cash flow projection to $115-$125 million.
Harsco Corporation reported first quarter 2022 results, with revenues from continuing operations totaling $453 million. The company faced a challenging operating environment marked by increased inflationary pressures but met its first quarter guidance. Adjusted EBITDA totaled $49 million, aligning with the previously provided guidance range.
Harsco Corporation reported a 7% increase in fourth-quarter revenues from continuing operations, reaching $462 million. GAAP operating income was $16 million, and adjusted EBITDA totaled $58 million. GAAP earnings per share were $0.13, and adjusted earnings per share were $0.22. The company anticipates continued growth in 2022, projecting adjusted EBITDA between $255 million and $275 million and free cash flow between $30 million and $50 million.
Harsco Corporation reported a 7% increase in third-quarter revenues, totaling $544 million. GAAP operating income was $30 million, and adjusted EBITDA increased by 22% to $72 million. The company announced plans to explore strategic alternatives for its Rail business, aiming to become a pure-play environmental solutions provider.
Harsco Corporation reported a revenue of $570 million, a 27% increase compared to the prior year. GAAP operating income was $36 million, with a GAAP diluted earnings per share of $0.18. Adjusted EBITDA totaled $78 million, and adjusted earnings per share were $0.28.
Harsco Corporation reported strong first quarter 2021 results, with revenues of $529 million and adjusted EPS of $0.15. The company's performance exceeded expectations across all business segments, driven by strong execution and improving market conditions. Based on these results, Harsco raised its full-year 2021 adjusted EBITDA guidance.
Harsco Corporation reported a GAAP operating income of $11 million and a GAAP diluted loss per share of $0.07 for the fourth quarter of 2020. Adjusted earnings per share were $0.12, and adjusted EBITDA totaled $62 million, exceeding the company's guidance range. The company is optimistic about improved operating results across all business segments in 2021.
Harsco Corporation reported a 20% increase in third-quarter revenue to $509 million compared to the previous year, driven by the ESOL acquisition and higher revenues in the Rail segment. GAAP operating income was $5 million, and adjusted EBITDA totaled $59 million. The company reported a GAAP diluted loss per share of $0.10 and an adjusted EPS of $0.08.
Harsco Corporation reported a GAAP loss of $10 million, or $0.14 per share, for the second quarter of 2020. However, adjusted earnings per share were $0.13. The company's adjusted EBITDA totaled $59 million. Net cash provided by operating activities was $33 million, and free cash flow totaled $18 million.
Harsco Corporation reported Q1 2020 results with revenues increasing by 21% to $399 million, driven by the Rail segment and the Clean Earth acquisition. GAAP operating income decreased to $3 million from $20 million year-over-year, and the diluted loss per share was $0.11. However, adjusted EBITDA was $57 million, exceeding prior guidance.
Harsco Corporation reported Q4 2019 revenues of $400 million, a 21% increase compared to the prior-year quarter. GAAP operating income was $20 million, and adjusted operating income was $31 million. Diluted EPS from continuing operations was $0.03 on a GAAP basis and $0.12 on an adjusted basis.