08:37 AM EST, 02/21/2025 (MT Newswires) -- SECURE Waste Infrastructure ( SECYF ) reported Friday fourth-quarter 2024 earnings and revenues that came in below analyst expectations, but also said despite "challenges", its business "remains highly resilient".

The company booked a net income of $34 million or $0.14 per share, missing the FactSet analyst consensus forecast of $0.22 and 42% lower than $59 million recorded in the previous year.

Adjusted EBITDA fell to $117 million from $162 million while revenue stood at $332 million, below the FactSet analyst consensus estimate of $357.3 million.

Based on the current economic environment and underlying economic trends, the corporation for its 2025 outlook reiterated its adjusted EBITDA guidance of $510 million-$540 million, with the mid-point reflecting a 10% increase over 2024 pro forma.

The company also expects to maintain a quarterly dividend of $0.10 per share, as it expects the business to remain resilient despite economic uncertainty linked to tariffs.

"Our pipeline of infrastructure projects, combined with our recent metals recycling acquisition, strengthens our network and enhances our ability to transform waste into value for customers and create sustainable returns for shareholders," said Allen Gransch, President and CEO.