Announcement • Oct 22
Enviva Inc. Files Form 15 Enviva Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock under the Securities Exchange Act of 1934, as amended. The par value of the company's Common Stock was $0.001 per share. Announcement • Aug 13
Enviva Inc. announced delayed 10-Q filing On 08/12/2024, Enviva Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • May 18
Enviva Inc. announced delayed 10-Q filing On 05/16/2024, Enviva Inc. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. Announcement • Apr 09
Enviva Receives Notice from the New York Stock Exchange Regarding Delayed Form 10-K Filing Enviva Inc. (‘Enviva’ or the ‘Company’) announced that on April 2, 2024, the Company received notice from the New York Stock Exchange (the ‘NYSE’) that it is not in compliance with Section 802.01E of the NYSE Listed Company Manual due to a delay in filing its Annual Report on Form 10-K for the year ended December 31, 2023, with the Securities and Exchange Commission (the ‘SEC’). The NYSE Notice has no immediate effect on the listing of the Company's common stock on the NYSE. The NYSE informed the Company that, under the NYSE's rules, the Company will have six months from April 1, 2024 to file the Form 10-K with the SEC. The Company can regain compliance with the NYSE listing standards by filing the Form 10-K with the SEC before such date. If the Company fails to file the Form 10-K within the six-month period, the NYSE may, in its sole discretion, grant an extension of up to six additional months for the Company to regain compliance. As previously reported in the Company's Notification of Late Filing on Form 12b-25 filed with the SEC on March 15, 2024 (the ‘Form 12b-25’), the Company was unable to file the Form 10-K within the prescribed period because on March 12, 2024, the Company and certain of its subsidiaries filed a voluntary petition under Chapter 11 of the U.S. Bankruptcy Code (the ‘Chapter 11 Cases’) in the U.S. Bankruptcy Court for the Eastern District of Virginia (the ‘Bankruptcy Court’). As previously disclosed, the Company is required to obtain approval of the Bankruptcy Court to retain the services of the Company's independent registered public accounting firm in order to complete the audit of its financial statements for the year ended December 31, 2023. Given the Bankruptcy Court approval requirement, as well as the considerable time and resources of the Company's management devoted to the Chapter 11 Cases, the Company was unable to prepare and timely file its Form 10-K on or before April 1, 2024, the end of the extension period provided by the Form 12b-25. The Company is working diligently to complete the necessary work to file the Form 10-K as soon as practicable and currently expects to file the Form 10-K within the six-month period granted by the NYSE Notice; however, there can be no assurance that the Form 10-K will be filed within such period. Announcement • Mar 16
Enviva Inc. announced delayed annual 10-K filing On 03/15/2024, Enviva Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Announcement • Dec 29
Enviva Inc. Appoints Glenn T. Nunziata to the Board of Directors On December 21, 2023, Enviva Inc. (the “ Company ”) appointed Glenn T. Nunziata to the board of directors of the Company (the “ Board ”), effective December 21, 2023. Mr. Nunziata serves as Interim Chief Executive Officer and Chief Financial Officer of the Company and also serves as the Company’s principal accounting officer. Announcement • Dec 07
Enviva Inc. Provides Goodwill Impairment Guidance for Fourth Quarter of 2023 Due to the sustained decrease in Enviva Inc. stock price since November 9, 2023, the Company performed an interim goodwill impairment test, which indicated that the carrying value of its sole reporting unit was above its fair value. Consistent with the Company’s historical approach for impairment tests, the Company estimated the fair value of its sole reporting unit using the market approach using its market capitalization of its common stock and an estimated control premium. Based on this approach, on December 4, 2023, management presented to the Company’s Board of Directors its determination that the carrying value of the Company’s sole reporting unit exceeded its fair value and the Board of Directors concluded that a material charge for impairment to goodwill will be required for the fourth quarter of 2023. As a result, the Company expects to record a material non-cash pretax impairment charge related to goodwill of $103.9 million in the fourth quarter of 2023. Announcement • Dec 02
Jeffrey W. Ubben Resigns as Director on the Board of Directors of Enviva Inc On November 28, 2023, Jeffrey W. Ubben resigned from his position as a director on the board of directors (the “Board”) of Enviva Inc. (the “Company”), effective immediately. Mr. Ubben’s resignation did not result from any disagreement with the Company on any matter relating to the Board or the Company’s management, operations, policies, or practices. Announcement • Dec 01
Inclusive Capital Partners Engages in Discussions with Enviva On November 30, 2023, Inclusive Capital Partners, L.P. announced that it has had and anticipate having further discussions with officers and directors of Enviva Inc. in connection with Inclusive Capital Partners’ investment in the Company. Inclusive Capital Partners added that the topics of these conversations have covered and will cover a range of issues, including those relating to the business of the Company, management, board composition, investor communications, operations, capital allocation, dividend policy, financial condition, mergers and acquisitions strategy, overall business strategy, executive compensation, corporate governance and environmental and social matters related to the Company's business and stakeholders. Breakeven Date Change • Nov 12
No longer forecast to breakeven The 5 analysts covering Enviva no longer expect the company to break even during the foreseeable future. The company was expected to make a profit of US$37.8m in 2025. New consensus forecast suggests the company will make a loss of US$32.0m in 2025. Reported Earnings • Nov 11
Third quarter 2023 earnings released: US$1.14 loss per share (vs US$0.29 loss in 3Q 2022) Third quarter 2023 results: US$1.14 loss per share (further deteriorated from US$0.29 loss in 3Q 2022). Revenue: US$320.6m (down 1.5% from 3Q 2022). Net loss: US$85.2m (loss widened 346% from 3Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Oil and Gas industry in Germany. Announcement • Oct 27
Levi & Korsinsky Notifies Enviva Inc. Investors of A Class Action Lawsuit and Upcoming Deadline Levi & Korsinsky, LLP notified investors in Enviva Inc. ("Enviva" or the "Company") of a class action securities lawsuit. According to the complaint, defendants made materially false and misleading statements and failed to disclose material information about the financial condition of the Company including its EBITDA and net loss forecasts, liquidity position, capital allocations, operation costs, productivity and the impact of these metrics on the Company's ability to continue paying dividends in 2023. Announcement • Oct 01
Shareholder Alert: Levi & Korsinsky Notifies Enviva Inc. Investors of A Class Action Lawsuit and Upcoming Deadline Levi & Korsinsky, LLP notifies investors in Enviva Inc. of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Enviva investors who were adversely affected by alleged securities fraud between November 3, 2022 and May 3, 2023. Follow the link below to get more information and be contacted by a member of our team: EVA investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500. According to the complaint, defendants made materially false and misleading statements and failed to disclose material information about the financial condition of the Company including its EBITDA and net loss forecasts, liquidity position, capital allocations, operation costs, productivity and the impact of these metrics on the Company’s ability to continue paying dividends in 2023. Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report as one of the top securities litigation firms in the United States. Announcement • Sep 27
Enviva Inc. Files the Securities Fraud Class Action Lawsuit Against Enviva Inc The Law Offices of Frank R. Cruz announced that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Enviva Inc. Class Period: November 3, 2022 – May 3, 2023. Lead Plaintiff Deadline: November 13, 2023. The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) the financial condition of the Company including its EBITDA and net loss forecasts, liquidity position, capital allocations, operation costs, productivity and the impact of these metrics on the Company's ability to continue paying dividends in 2023; and (2) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times. Announcement • Sep 21
Enviva Inc. Announces Board Changes On September 19, 2023, John K. Keppler, Executive Chairman of the Board of Directors (the “Board”) of Enviva Inc. resigned as Executive Chairman of the Board and as an executive officer of the Company, effective immediately, as he continues to focus on treatment and recovery from recent heart health challenges. Mr. Keppler will continue to serve as a non-management member of the Board. Ralph Alexander, the Lead Independent Director of the Board, will act as interim chairperson, effective September 19, 2023. In connection with his termination of employment, Mr. Keppler will cease to receive compensation as Executive Chairman and will instead be compensated in accordance with the terms of the Company’s compensation policy for non-employee directors. Announcement • Sep 14
Shareholder Alert: Robbins LLP Informs Shareholders of Class Action Filed Against Enviva Inc Robbins LLP informs investors that a shareholder filed a class action on behalf of all persons who purchased or otherwise acquired Enviva Inc. common stock between November 3, 2022 and May 3, 2023. Enviva is a Maryland-based company that develops, constructs, acquires, and operates fully contracted wood pellet production plants. According to the complaint, during the class period, defendants failed to disclose to investors material information about the financial condition of the Company including its EBITDA and net loss forecasts, liquidity position, capital allocations, operation costs, productivity and the impact of these metrics on the Company’s ability to continue paying dividends in 2023. Between November 3, 2022 and April 3, 2023, Enviva and its senior officers touted the Company's ability to achieve a yearly dividend payout of $3.62 per share, represented that the liquidity of the Company was "strong," and reiterated that the Company's adjusted EBITDA for 2023 was in the range of $305 million to $335 million. However, on May 3, 2023, defendants dramatically lowered their Fiscal Year 2023 guidance downward and suspended Enviva’s dividend payments going forward. Defendants now projected that Enviva’s 2023 EBITDA would be in the range of $200-250 million, net loss would be substantially higher, increasing to a range of $136-$186 million, and Enviva’s $0.905 per share quarterly dividend was eliminated. On this news, Enviva's common stock price collapsed $14.34 per share from $21.35 per share to $7.01 per share, or down 67.2%. Reported Earnings • Aug 03
Second quarter 2023 earnings released: US$0.75 loss per share (vs US$0.42 loss in 2Q 2022) Second quarter 2023 results: US$0.75 loss per share (further deteriorated from US$0.42 loss in 2Q 2022). Revenue: US$301.9m (up 1.9% from 2Q 2022). Net loss: US$55.8m (loss widened 98% from 2Q 2022). Revenue is forecast to grow 20% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Germany. Announcement • Aug 03
Enviva Inc. Reaffirms Earnings Guidance for the Full-Year 2023 Enviva Inc. reaffirmed earnings guidance for the full-year 2023. For the period, the company maintains net loss guidance range of $186 million to $136 million. Announcement • Jul 21
Enviva Inc. Announces Resignation of Yanina A. Kravtsova, the Executive Vice President, International Market Development & Public Affairs Yanina A. Kravtsova, the Executive Vice President, International Market Development & Public Affairs, of Enviva Inc. has separated from the Company effective as of July 14, 2023 pursuant to notice given by the Company on July 14, 2023. Ms. Kravtsova will be eligible to receive the payments contemplated in her employment agreement with the Company consistent with a termination without cause. Recent Insider Transactions • May 24
Independent Director recently bought €154k worth of stock On the 19th of May, John Bumgarner bought around 20k shares on-market at roughly €7.70 per share. This transaction amounted to 4.3% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €1.7m. Insiders have collectively bought €6.3m more in shares than they have sold in the last 12 months. Breakeven Date Change • May 23
Forecast breakeven date pushed back to 2025 The 5 analysts covering Enviva previously expected the company to break even in 2024. New consensus forecast suggests losses will reduce by 63% per year to 2024. The company is expected to make a profit of US$59.2m in 2025. Average annual earnings growth of 82% is required to achieve expected profit on schedule. Announcement • May 06
Enviva Inc. Announces Separation of Edward Royal Smith as Executive Vice President, Operations Edward Royal Smith, the Executive Vice President, Operations of Enviva Inc. (the “Company”), has separated from the Company effective as of May 5, 2023 pursuant to notice given by the Company on May 1, 2023. Mr. Smith will be eligible to receive the payments contemplated in his employment agreement with the Company consistent with a termination without cause. Recent Insider Transactions • May 06
Independent Director recently bought €208k worth of stock On the 5th of May, Gary Whitlock bought around 26k shares on-market at roughly €8.01 per share. This transaction amounted to 68% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €5.2m more in shares than they have sold in the last 12 months. Announcement • May 04
Enviva Inc. Provides Earnings Guidance for the Second, Third and Fourth Quarter of 2023 and Revises Operating Guidance for the Year 2023 Enviva Inc. provided earnings guidance for the second, third and fourth quarter of 2023 and revises operating guidance for the year 2023. For the second quarter, the company expects net loss of $60 million to $50 million.For the third quarter, the company expects net loss of $25 million to $5 million.For the fourth quarter, the company expects net income of $20 million to $40 million.The management is reducing its estimates for full-year produced volumes in 2023 to be approximately 5 million to 5.5 million MT, as compared to its prior forecast of 5.5 million to 6.0 million MT. Reported Earnings • May 04
First quarter 2023 earnings released: US$1.73 loss per share (vs US$0.71 loss in 1Q 2022) First quarter 2023 results: US$1.73 loss per share (further deteriorated from US$0.71 loss in 1Q 2022). Revenue: US$269.1m (up 16% from 1Q 2022). Net loss: US$116.9m (loss widened 153% from 1Q 2022). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 2.5% growth forecast for the Oil and Gas industry in Germany. Recent Insider Transactions • Mar 28
Independent Director recently bought €51k worth of stock On the 24th of March, Gerrit Lansing bought around 2k shares on-market at roughly €25.45 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €5.0m more in shares than they have sold in the last 12 months. Reported Earnings • Mar 02
Full year 2022 earnings released: US$2.54 loss per share (vs US$4.76 loss in FY 2021) Full year 2022 results: US$2.54 loss per share. Revenue: US$1.09b (up 5.0% from FY 2021). Net loss: US$168.3m (loss widened 38% from FY 2021). Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Oil and Gas industry in Germany. Announcement • Feb 09
Enviva Inc. Declares Quarterly Dividend, Payable on February 24, 2023 Enviva Inc. announced that the board of directors declared a quarterly dividend of $0.905 per common share for the fourth quarter of 2022. The fourth quarter of 2022 dividend represents a 5.2% increase from the fourth quarter of 2021. The quarterly dividend will be paid on February 24, 2023, to shareholders of record as of the close of business February 21, 2023. Including this dividend, Enviva has declared dividends in the aggregate of $3.62 per common share for full-year 2022, which represents an increase of 9.7% over 2021. Announcement • Jan 20
Enviva Inc. Announces Executive Appointments Enviva Inc. announced the appointments of a Chief Commercial Officer, Chief Sustainability Officer, Chief Administrative and People Officer, and General Counsel. To better ensure the success of its commercial growth trajectory, Enviva has appointedJohn-Paul Taylor to Chief Commercial Officer. Taylor joined Enviva as Vice President, Optimization and Origination in February 2014 and most recently served as Senior Vice President of Sales and Fulfillment. Taylor has been instrumental in the company’s growth by working with Enviva’s customers to lower their dependence on coal and other fossil fuels. As Enviva enters new markets across the globe, Taylor will lead the effort to explore additional applications for sustainable woody biomass, particularly in hard-to-abate industrial sectors and sustainable biofuels. With sustainability at the core of Enviva’s mission, Enviva has appointed Brandi Colander as Chief Sustainability Officer to maintain and enhance its role as an industry leader in sustainability and environmental stewardship. This function operates as an integral strategic partner throughout the Enviva enterprise. Colander joins the organization with extensive policy, sustainability, and external affairs experience. Prior to joining Enviva, Colander’s accomplishments spanned from leading the enterprise sustainability portfolio at WestRock as Chief Sustainability Officer, to serving as Associate Vice President, Natural Resources and Energy at the National Wildlife Federation, to serving as a Deputy Assistant Secretary for land and minerals management at the United States Department of the Interior. She has also served as Deputy General Counsel for the White House Council on Environmental Quality within the Executive Office of the President and as an attorney at the Natural Resources Defense Council. Additionally, Enviva has announced the appointment of Roxanne Klein to Chief Administrative and People Officer. In her new role, she will assume responsibility for a variety of corporate and administrative functions in addition to overseeing the human resources function. Finally, after close to a decade serving on, and ultimately leading, Enviva’s legal team under Bill Schmidt, Jason Paral has been appointed General Counsel and will maintain his role as Secretary. Throughout his tenure at Enviva, Paral has held positions of increasing responsibility and closelysupported the other members of the executive team and their board of directors through major transactions, their corporate conversion at year-end 2021, and many other key milestones. Schmidt is stepping down from his role as Executive Vice President, Corporate Development and General Counsel at Enviva to pursue other endeavors. During the transition, Schmidt will remain a key leader in advising the team and will oversee select strategic initiatives. Board Change • Jan 04
High number of new directors There are 7 new directors who have joined the board in the last 3 years. President, CEO & Director Thomas Meth was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Dec 14
Enviva Inc. Announces Plaintiff Deadline in Securities Class Action Enviva announced that securities between February 21, 2019 and October 11, 2022 contact the securities fraud practice group attorneys immediately for more information regarding the pending securities fraud class action against Enviva. The deadline to apply to be a lead plaintiff is January 3, 2023. Class Period is February 21, 2019 - October 11, 2022. Announcement • Nov 04
Enviva, Inc. Class Action Complaint Filed: Johnson Fistel Encourages Shareholders to Submit Their Eva Losses Shareholder rights law firm Johnson Fistel, LLP announced that a class action lawsuit has commenced on behalf of investors of Enviva Inc. The class action is on behalf of shareholders who purchased Enviva securities between February 21, 2019 and October 11, 2022, both dates inclusive. Investors are hereby notified that they have until January 3, 2022 to move the Court to serve as lead plaintiff in this action. According to the lawsuit, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Enviva had misrepresented the environmental sustainability of its wood pellet production and procurement; (ii) Enviva had similarly overstated the true measure of cash flow generated by the Company's platform; (iii) accordingly, Enviva had misrepresented its business model and the Company's ability to achieve the level of growth that Defendants had represented to investors; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times. A lead plaintiff will act on behalf of all other class members in directing the Enviva class-action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the class-action lawsuit. An investor's ability to share any potential future recovery of the Enviva class action lawsuit is not dependent upon serving as lead plaintiff. Announcement • Oct 07
Enviva Inc. Appoints Mark Coscio as Executive Vice President and Chief Development Officer Enviva Inc. announced that it has appointed Mark Coscio as Executive Vice President and Chief Development Officer. In his new role, Coscio will be responsible for leading Enviva's corporate development and construction functions.The company have recently added Mark Coscio to leadership team as Executive Vice President and Chief Development Officer. Mark is a seasoned construction and development executive with nearly two decades of experience leading large scale, multi-billion-dollar infrastructure investment programs. His substantial experience and leadership add tremendous strength and depth to internal capabilities as execute ambitious strategic plan to double production capacity by adding six new plants over the next five years. Mr. Coscio brings to Enviva extensive experience managing global engineering, procurement, and construction projects within the energy sector. Most recently, Mr. Coscio served as Senior Vice President, North, Central & South America at McDermott International Ltd. Announcement • Oct 04
Enviva Inc. Provides Earnings Guidance for Third-Quarter, Fourth-Quarter and Full-Year 2022 Enviva Inc. Provided earnings guidance for third-quarter, fourth-quarter and full-year 2022. For the period, the company expected net loss guidance range of $15 million to $10 million.For the fourth-quarter 2022, net income guidance range of $35 million to $50 million.For full-year 2022 net loss guidance range to $55 million to $35 million, from net loss of $30 million to net income of $10 million. Announcement • Aug 05
Enviva Inc. Provides Dividend Guidance for the Year 2022 Enviva Inc. announced that the company expects to pay a dividend of $3.62 per share for full-year 2022, with quarterly dividends of $0.905 per share expected to be declared for the remaining two quarters of 2022. Reported Earnings • Aug 04
Second quarter 2022 earnings released: US$0.046 loss per share (vs US$0.22 loss in 2Q 2021) Second quarter 2022 results: US$0.046 loss per share. Revenue: US$296.3m (up 4.0% from 2Q 2021). Net loss: US$27.3m (loss widened 205% from 2Q 2021). Over the next year, revenue is forecast to grow 33%, compared to a 43% growth forecast for the industry in Germany. Announcement • Jul 13
Enviva Inc. to Report Q2, 2022 Results on Aug 04, 2022 Enviva Inc. announced that they will report Q2, 2022 results on Aug 04, 2022 Announcement • Jul 09
Enviva Inc. Announces Board Changes On July 7, 2022, Fauzul Lakhani resigned from his position as a director on the board of directors of Enviva Inc. in connection with Mr. Lakhani's departure from his position at Riverstone Holdings LLC. Recent Insider Transactions • Jun 24
President & Chairman recently bought €946k worth of stock On the 23rd of June, John Keppler bought around 16k shares on-market at roughly €57.60 per share. This was the largest purchase by an insider in the last 3 months. This was John's only on-market trade for the last 12 months. Announcement • Jun 07
Enviva Inc. Announces President Changes On May 31, 2022, the Board of Directors of Enviva Inc. unanimously approved the recommendation of Chief Executive Officer and Chairman of the Board John K. Keppler to appoint Thomas Meth to serve as President of the Company, effective immediately. Mr. Meth co-founded the Company beginning with Intrinergy, the predecessor to the company's former sponsor, in 2004, where he served as Executive Vice President, Sales and Marketing continuously through the transition of Intrinergy to Enviva and with the general partner of Enviva Partners, LP beginning in November 2013. He subsequently served as Executive Vice President and Chief Commercial Officer of the Company until his appointment as President. In such roles, Mr. Meth has been responsible for the company's commercial customer relations as well as the company's market development, customer fulfillment, and shipping initiatives. As President, he is also responsible for Enviva's operations and communications functions. Prior to Intrinergy, Mr. Meth was Head of Sales and Marketing in Europe, the Middle East, and Africa for the Colfax Corporation from 2002 to 2004. From 1993 to 2000, Mr. Meth was Director of Sales for Europay Austria, a consumer financial services company. Mr. Meth holds a bachelor of commerce from Vienna University of Economics and Business Administration in Austria as well as an MBA from The Darden Graduate School of Business Administration at The University of Virginia. Mr. Keppler continues to serve as Chief Executive Officer and Chairman of the Board of the Company following his resignation from the office of President simultaneous with Mr. Meth's appointment thereto on May 31, 2022. Announcement • Mar 04
Enviva Inc. announced delayed annual 10-K filing On 03/02/2022, Enviva Inc. announced that they will be unable to file their next 10-K by the deadline required by the SEC. Reported Earnings • Mar 02
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: US$3.23 loss per share (down from US$0.36 loss in FY 2020). Revenue: US$1.04b (up 19% from FY 2020). Net loss: US$145.3m (loss widened US$132.0m from FY 2020). Revenue missed analyst estimates by 4.3%. Over the next year, revenue is forecast to grow 31%, compared to a 82% growth forecast for the oil industry in Germany. Announcement • Mar 02
Enviva Inc. Re-Affirms Earnings Guidance for the Full Year Ending December 31, 2022 Enviva Inc. re-affirmed earnings guidance for the full year ending December 31, 2022. For the year, the company expects net income to be in the range of $42.0 million to $67.0 million. 