WARREN, Ohio, May 8, 2024 /PRNewswire/ -- Avalon Holdings Corporation (AMEX:AWX) today announced financial results for the first quarter of 2024.               Net operating revenues in the first quarter of 2024 were $18.9 million compared with $18.4 million in the first quarter of 2023.  The Company recorded a net loss attributable to Avalon Holdings Corporation common shareholders of $1.0 million in the first quarter of 2024 compared with net loss attributable to Avalon Holdings Corporation common shareholders of $1.7 million in the first quarter of 2023. For the first quarter of 2024, 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 $0.43 in the first quarter of 2023.               Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal and governmental customers in selected northeastern and midwestern U.S. markets, captive landfill management services and salt water injection well operations. Avalon Holdings Corporation also owns Avalon Resorts and Clubs Inc., which includes the operation of a hotel and its associated resort amenities, four golf courses and related country clubs and a multipurpose recreation center.   AVALON HOLDINGS CORPORATION AND SUBSIDIARIES Condensed Consolidated Statements of Operations (Unaudited) (in thousands, except for per share amounts) Three Months Ended March 31, 2024 2023 Net operating revenues: Waste management services $                      12,470 $                      12,652 Food, beverage and merchandise sales 2,011 1,974 Other golf and related operations 4,377 3,819 Total golf and related operations 6,388 5,793 Total net operating revenues 18,858 18,445 Costs and expenses: Waste management services operating costs 9,897 10,380 Cost of food, beverage and merchandise 1,025 1,023 Golf and related operations operating costs 4,873 4,836 Depreciation and amortization expense 980 940 Selling, general and administrative expenses 2,596 2,530 Operating loss (513) (1,264)