Clean Harbors profit rises as revenue climbs

Clean Harbors Inc., a Norwell-based provider of waste-management services, said today that its first-quarter profit more than doubled, helped by higher revenue from both its technical and site services unit.

Quarterly profit rose to $8.9 million, or 43 cents per share, from $3.4 million in the same period last year.

Revenue rose 18 percent to $242.5 million from $205 million last year.

Analysts polled by Thomson Financial predicted a profit of 40 cents per share on revenue of $232.1 million.

The company said growth was broad based and all geographic regions were above plan. (AP)

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