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Monday, 08/06/2012 4:58:18 PM

Monday, August 06, 2012 4:58:18 PM

Post# of 2046
Heckmann Corporation Announces Record Second Quarter 2012 Financial Results

http://finance.yahoo.com/news/heckmann-corporation-announces-record-second-202000144.html

Company Achieves Record $90.8 Million in Revenues, Net Income of $10.7 Million, or $0.07 per share, and $19.3 Million in Adjusted EBITDA
Business WirePress Release: Heckmann Corporation – 34 minutes ago
Companies:

PITTSBURGH--(BUSINESS WIRE)--

Heckmann Corporation (HEK) today announced the following financial results for the second quarter ended June 30, 2012:1

Revenues more than doubled to $90.8 million, compared with $39.2 million for the same period in the previous year.
Net income from continuing operations, which included a deferred tax benefit, improved to $10.7 million, or $0.07 per share, compared with $0.3 million, or breakeven per share, for the second quarter of 2011.
Adjusted EBITDA2 increased 105% to $19.3 million, compared with $9.4 million for the second quarter of 2011.
Revenues for the second quarter of 2012 increased 10% sequentially, compared with pro-forma revenues of $82.4 million for the first quarter of 2012, and adjusted EBITDA increased by 19% sequentially, compared with pro-forma adjusted EBITDA of

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