Enviri Corporation Reports Q4 Loss of $83.2 Million
Enviri Corporation (NVRI) announced a net loss of $83.2 million for its fourth quarter ended December 31, 2023. This translates to a loss per share of $1.04. Adjusted for non-recurring costs and discontinued operations, the loss per share was 4 cents.
Revenue for the quarter reached $558.7 million. For the full year, the company reported a net loss of $128 million, or $1.60 per share, on revenue of $2.34 billion.
Looking ahead, Enviri anticipates a range of results for the current quarter ending March 31, 2024. The company expects a loss per share between 25 cents and 1 cent. For the full year, the loss per share guidance is between 18 cents and 11 cents.