Enviri (NVRI) Reports Q3 2026 Results with Increased EBITDA Guidance
Enviri reported third-quarter 2026 results characterized by a significant improvement in profitability despite mixed segment performance. The company achieved an adjusted EBITDA of $47 million, representing a 21% year-over-year increase driven by efficiency initiatives and a better business mix. While Harsco Environmental saw revenue growth of 5% to $273 million, the Harsco Rail segment experienced declining revenues due to soft market demand and the exit of complex equipment contracts. Management raised its full-year 2026 Adjusted EBITDA guidance for Harsco Environmental to a range of $180 million to $184 million. Additionally, the company improved its outlook for Harsco Rail, narrowing expected losses. Despite regional headwinds in the Middle East and Turkey due to conflict affecting steel production, Enviri maintains a solid liquidity position with a cash balance of $226.3 million.
Tickers: $NVRI
Topics: cost reduction program EBITDA improvement revenue growth segment performance