Allied Waste Sees First-Quarter Growth

Phoenix-based Allied Waste reports a net income of $73 million on revenues of $1.5 billion for first quarter 2008. During the same quarter 2007, the company reported a net income of $40 million on revenues of $1.4 billion.

"Allied Waste's strong operating and financial results continued to benefit from long-term initiatives in support of strategic pricing, operating efficiency and overall service enhancements," said John Zillmer, chairman and CEO of Allied Waste, in a press release. "First quarter results, which were in line with our expectations, reflect specific actions we took heading into 2008 to position the company for success in what we anticipated would be a more challenging economic environment."