Avalon Posts Q1 Revenue Gain Led by Waste Management; Net Loss Narrows
Avalon reported higher first-quarter revenue driven by stronger waste management services, reducing its net loss compared with the same quarter last year. The company recorded a net loss of $1.28 million, with operating and pretax losses of $736,000 and $1.24 million respectively. Revenue from waste management rose to $11.5 million, while revenue f…