Third-Quarter Earnings Up at American Ecology

American Ecology’s third quarter profit nearly doubled to $2 million, or 67 cents per share, on a 66% jump in revenue to $19.4 million for the period ended Sept. 30.

For the nine months period, the Agoura Hills waste disposal firm reported a 4% decline in net income to $2.5 million, or 84 cents per share, while revenue increased by 42% to $46.1 million, compared to the comparable period a year earlier.

The company attributed part of the increased revenue to its September, 1986, acquisition of Associated Technologies.

For detailed data and results of other companies, please see tables, Page 11.