AVALON HOLDINGS CORPORATION ANNOUNCES 2022 FULL YEAR AND FOURTH QUARTER RESULTS.

WARREN, Ohio: Avalon Holdings Corporation (NYSE Amex:AWX) today announced financial results for the fourth quarter and fiscal year ended December 31, 2022.

Net operating revenues in the fourth quarter of 2022 were $21.6 million compared with $17.6 million in the fourth quarter of 2021. The Company recorded a net loss attributable to Avalon Holdings Corporation common shareholders of $1.0 million in the fourth quarter of 2022 compared with a net loss attributable to Avalon Holdings Corporation common shareholders of $0.5 million in the fourth quarter of 2021. For the fourth quarter of 2022, basic net loss per share attributable to Avalon Holdings Corporation common shareholders was $0.25 compared with basic net loss per share attributable to Avalon Holdings Corporation common shareholders of $0.12 in the fourth quarter of 2021.

For the year ended December 31, 2022, net...

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