Avalon Holdings shares surge 18.15% after-hours as Q3 net operating revenue and net income rise to $25.7M and $1.9M, respectively.

Avalon Holdings surged 18.15% in after-hours trading following its third-quarter 2025 earnings report. The company announced a 6.1% year-over-year increase in net operating revenues to $25.7 million and a rise in net income attributable to common shareholders to $1.9 million ($0.49 per share) from $1.8 million ($0.47 per share) in Q3 2024. While nine-month results showed declining net income, the quarter’s modest revenue and EPS growth, coupled with improved liquidity metrics like higher cash reserves ($4.55 million) and accounts receivable ($12.5 million), likely fueled investor optimism. The after-hours rally reflects market focus on the recent quarterly performance rather than the weaker nine-month cumulative results.