The company said revenue for Q2 2024 (ended June 30, 2024, 3 months) was $5,402 million, up 5.5% from $5,119 million a year earlier. It cited core price of 6.8% and higher values for recycled commodities as the main drivers of revenue growth.

1. 01

   The company said revenue for Q2 2024 (ended June 30, 2024, 3 months) was $5,402 million, up 5.5% from $5,119 million a year earlier. It cited core price of 6.8% and higher values for recycled commodities as the main drivers of revenue growth.

2. 02

   WM said adjusted operating EBITDA for Q2 rose 10.3% to $1.62 billion, and adjusted margin expanded 130 basis points to 30.0%. On a GAAP basis, operating EBITDA was $1,552 million and margin was 28.7%.

3. 03

   The company said net cash provided by operating activities for the first half of 2024 (6 months) rose 21.6% from a year earlier to $2.52 billion. Free cash flow, including sustainability growth investments, increased 32.3% to $1.24 billion.

4. 04

   WM said its raised full-year adjusted operating EBITDA outlook, issued in April, is between $6.375 and $6.525 billion. The outlook includes the impact of closed acquisitions of $750 million and excludes the planned Stericycle acquisition.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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