Quarterly ResultAug 7, 2026, 05:07 PM
Avalon Holdings Q2 Net Income $884K, EPS $0.23
AI Summary
Avalon Holdings Corporation reported a significant improvement in its financial performance for the second quarter and first half of 2026. For Q2 2026, net income attributable to common shareholders surged to $884K, or $0.23 per share, compared to $274K, or $0.07 per share, in Q2 2025, on increased net operating revenues of $20.9 million. For the six months ended June 30, 2026, the company reduced its net loss attributable to common shareholders to $351K, or $0.09 per share, from a loss of $1.2 million, or $0.31 per share, in the prior year, with total net operating revenues rising to $38.6 million.
Key Highlights
- Q2 2026 net operating revenues increased to $20.9 million from $20.3 million in Q2 2025.
- Q2 2026 net income attributable to common shareholders rose to $884K from $274K in Q2 2025.
- Q2 2026 basic EPS was $0.23, up from $0.07 in Q2 2025.
- Six months ended June 30, 2026, net operating revenues increased to $38.6 million from $36.3 million in 2025.
- Six months ended June 30, 2026, net loss attributable to common shareholders reduced to $351K from $1.2 million in 2025.
- Net cash provided by operating activities for six months ended June 30, 2026, was $1.8 million.
- Total assets increased to $87.6 million at June 30, 2026, from $87.4 million at December 31, 2025.
- Cash and cash equivalents increased to $4.8 million at June 30, 2026, from $4.1 million at December 31, 2025.
Price Impact
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