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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (5688)	3/3/1998 6:05:00 PM
From: Jenna	Respond to of 120523

ADSI came in 1 cent above on excellent results: American Disposal Services, Inc. Reports Revenues up 141% in quarter to $39.7 million; 114% for full-year to $121.4 million - Operating income up 198% in quarter to $5.4 million; 188% for full-year to $16.6 million - Net income $0.17 per diluted share for quarter; $0.53 per diluted share for full-year - EBITDA increases 138% in quarter to $12.3 million; 113% for full-year to $38.6 million BURR RIDGE, Ill., March 3 /PRNewswire/ -- American Disposal Services, Inc. (Nasdaq: ADSI), a regional, integrated non-hazardous solid waste services company, today reported its financial results for the fourth quarterand year ended 1997. Fourth Quarter Results For the quarter ended December 31, 1997, revenues were $39.7 million, up 141% from $16.5 million in the quarter a year earlier. Operating income rose 198% to $5.4 million, compared to $1.8 million in the prior year. Net income applicable to common stockholders increased 464% to $3.1 million or $0.17 per diluted share, versus $557,000 or $0.06 per diluted share, in the year-ago quarter. The weighted shares outstanding used to determine diluted earnings per share were 18,792,034 and 9,323,438, respectively. Earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 138% to $12.3 million compared to $5.2 million for the comparable period of the previous year. jenna marketgems.com