WCA Waste Corporation Announces Results for the Quarter Ended June 30, 2011

-- Revenue for the second quarter increased 21.5% over the second quarter
of 2010
-- Positive pricing continues with a 3.5% increase during the quarter
-- Issued senior secured notes at 7.5% interest rate, replacing 9.25%
senior secured notes
-- Extended WCA's $200 million senior credit facility to 2016

HOUSTON, Aug. 3, 2011 (GLOBE NEWSWIRE) -- WCA Waste Corporation (Nasdaq:WCAA)
announced today financial results for the three and six months ended June 30,
2011.

For the second quarter of 2011:

-- Revenue was $73.3 million, up 21.5% over $60.3 million in the second
quarter of 2010.
-- Net loss available to common stockholders was $0.13 per share while
adjusted net loss available to common stockholders was $0.01 per share.
This compares to a net income available to common stockholders of $0.01
per share and adjusted net income available to common stockholders of
$0.02 per share for the same quarter in 2010.
-- During the quarter, we incurred $4.4 million associated with the tender
of our 9.25% senior secured notes and the amendment of our credit
facility.

For the first six months of 2011:

-- Revenue was $131.3 million, up 16.6% from $112.6 million in 2010.
-- Net loss available to common stockholders was $0.22 per share while
adjusted net loss available to common stockholders was $0.08 per share.
This compares to a net loss available to common stockholders of $0.08
per share and adjusted net loss available to common stockholders of
$0.06 per share during the same period of 2010.

Tom Fatjo, Jr., Chairman, CEO, stated, "The second quarter had several important
highlights including successfully refinancing our senior secured notes and
extending our revolving senior credit facility. Although our year-to-date
earnings did not reflect the interest savings from the refinancing activities,
we expect a reduction of future interest expense of approximately $1.2 million
annually. Excluding the Ohio/Massachusetts region which continued to be impacted
by weather during the quarter, we achieved positive year-to-date volume growth.
That volume growth, coupled with continuous positive pricing, indicates that WCA
volumes are stable."

We are also reaffirming our 2011 revenue and adjusted EBITDA goals of $270
million and $61 million, respectively, despite the impact of extreme weather in
some markets, higher fuel costs across all regions and integration costs
associated with the Stoughton and Emerald Waste -- Central Florida transactions.
Please refer to the attached tables below for components of adjusted EBITDA.

WCA Waste Corporation is an integrated company engaged in the transportation,
processing and disposal of non-hazardous solid waste. The Company's operations
currently consist of 25 landfills, 28 transfer stations/material recovery
facilities and 29 collection operations located throughout Alabama, Arkansas,
Colorado, Florida, Kansas, Massachusetts, Missouri, New Mexico, North Carolina,
Ohio, Oklahoma, South Carolina, Tennessee and Texas. The Company's common stock
is traded on the NASDAQ Stock Market under the symbol "WCAA."

The WCA Waste Corporation logo is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=1736

RISK FACTORS AND CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS

This press release and other communications, such as conference calls,
presentations, statements in public filings, other press releases, include
forward-looking statements within the meaning of Section 27A of the Securities
Act of 1933 and Section 21E of the Securities and Exchange Act of 1934.
Forward-looking statements generally include discussions and descriptions other
than historical information. These forward-looking statements can generally be
identified as such because the context of the statement will include words such
as "may," "annualized," "should," "outlook," "project," "intend," "seek,"
"plan," "believe," "anticipate," "expect," "estimate," "potential," "continue,"
"goal," or "opportunity," the negatives of these words, or similar words or
expressions. The forward-looking statements made herein are only made as of the
date of this press release and we undertake no obligation to publicly update
such forward-looking statements to reflect subsequent events or circumstances.

Statements concerning "annualized" revenues are forward-looking statements, are
not audited or based on GAAP and are made based on estimations from information
provided to us by the acquired companies and from other sources and estimates
developed by us. In this press release we provide "annualized" estimates for
acquired operations; in other presentations and reports, we may provide
"annualized" estimates with respect to us and also separately with respect to
one or more acquired businesses. In computing our revenue annualized estimates
as of the end of any given period we generally take the average of monthly
revenues of the companies that we acquired for a period that we believe to be
reasonable as prior to acquisition. Actual revenues may or may not equal the
estimated "annualized" number.

Our results will be subject to a number of operational and other risks,
including the following: general economic conditions have impacted and may
continue to impact our business; we may not be successful in expanding the
permitted capacity of our current or future landfills; our business is capital
intensive, requiring ongoing cash outlays that may strain or consume our
available capital; increases in the costs of disposal, labor and fuel could
reduce operating margins; increases in costs of insurance or failure to maintain
full coverage could reduce operating income; we may be unable to obtain
financial assurances necessary for our operations; we are subject to
environmental and safety laws, which restrict our operations and increase our
costs, and may impose significant unforeseen liabilities; we are subject to a
broad range of risks with respect to our acquisition activities and may be
unable to successfully integrate acquired businesses or execute on our
acquisition plans; we compete with large companies and municipalities with
greater financial and operational resources and we also compete with
alternatives to landfill disposal; covenants in our credit facilities and the
instruments governing our other indebtedness may limit our ability to grow our
business and make capital expenditures; changes in interest rates may affect our
results of operations; a downturn in U.S. economic conditions or the economic
conditions in our markets may have an adverse impact on our business and results
of operations; and our success depends on key members of our senior management,
the loss of any of whom could disrupt our customer and business relationships
and our operations. In addition, we are subject to a number of risks with
respect to our acquisition activities generally, including the following: we may
be unsuccessful in efficiently integrating the combined operations of our
company and the Emerald Waste assets that we acquired or the Stoughton facility
we are now operating and cash expenditures and capital commitments associated
with our acquisition of Emerald Waste's Central Florida operations may create
significant liquidity and cash flow risks for us. Furthermore, we may not be
successful in identifying and consummating additional acquisition candidates and
any acquisitions we make may not be successful.

We describe these and other risks in greater detail in the sections entitled
"Risk Factors" and "--Cautionary Statement about Forward-Looking Statements"
included in our Form 10-K for the year ended December 31, 2010 and our Form 10-Q
for the quarter ended June 30, 2011, to which we refer you for additional
information.

WCA --- 2nd Quarter 2011 Earnings

Release Information

WCA Waste Corporation

Condensed Consolidated Statements of Operations

(In thousands, except per share amounts)

(Unaudited)

Three Months Ended Six Months
Ended
June 30, June 30,

---------------------
----------------------

2011 2010 2011
2010
---------- --------- ----------
----------

Revenue $ 73,279 $ 60,295 $ 131,267 $
112,602
Expenses:

Cost of services 53,858 43,264 97,073
81,403
Depreciation and amortization 8,532 7,771 15,900
15,059
Impairment of goodwill -- -- --
--
Merger and acquisition related

expenses 17 36 437
134
General and administrative 3,410 2,550 6,763
5,684

Gain on sale of assets (31) (880) (58)
(889)
---------- --------- ----------
----------

65,786 52,741 120,115
101,391
---------- --------- ----------
----------
Operating income 7,493 7,554 11,152
11,211
Other income (expense):

Interest expense, net (5,412) (4,687) (10,376)
(9,379)
Write-off of deferred financing

costs (157) (184) (157)
(184)
Loss on early extinguishment of

debt (4,075) -- (4,075)
--

Impact of interest rate swap -- 68 --
(184)
---------- --------- ----------
----------

(9,644) (4,803) (14,608)
(9,747)
---------- --------- ----------
----------

Income (loss) before income taxes (2,151) 2,751 (3,456)
1,464

Income tax (provision) benefit 280 (1,429) 1,074
(890)
---------- --------- ----------
----------
Net income (loss) (1,871) 1,322 (2,382)
574
Accrued payment-in-kind dividend on

preferred stock (1,170) (1,112) (2,331)
(2,220)
---------- --------- ----------
----------
Net income (loss) available to

common stockholders $ (3,041) $ 210 $ (4,713) $
(1,646)
========== ========= ==========
==========

PER SHARE DATA (Basic and diluted):

Net income (loss) available to

common stockholders

-- Basic $ (0.13) $ 0.01 $ (0.22) $
(0.08)
========== ========= ==========
==========

-- Diluted $ (0.13) $ 0.01 $ (0.22) $
(0.08)
========== ========= ==========
==========

WEIGHTED AVERAGE SHARES OUTSTANDING

(Basic) 22,650 19,580 21,750
19,552
---------- --------- ----------
----------
WEIGHTED AVERAGE SHARES OUTSTANDING

(Diluted) 22,650 19,735 21,750
19,552
---------- --------- ----------
----------

Non-GAAP Financial Measures

--------------------------------------------------------------------------------
-------------------------------------

Our management evaluates our performance based on non-GAAP measures, of which
the primary performance measure is
adjusted EBITDA. EBITDA, as commonly defined, refers to earnings before
interest, taxes, depreciation and
amortization. Our adjusted EBITDA consists of earnings (net income or loss)
available to common stockholders before
preferred stock dividend, interest expense (including write-off of deferred
financing costs and debt discount),
(gain) loss on early extinguishment of debt, impact of interest rate swap
agreements, income tax expense,
depreciation and amortization, impairment of goodwill, net (gain) loss on
early disposition of notes
receivable/payable, and merger and acquisition related expenses. We also use
these same measures when evaluating
potential acquisition candidates.

We believe that adjusted EBITDA is useful to an investor in evaluating our
operating performance because:
* it is widely used by investors in our industry to measure a company's
operating performance without regard to items
such as interest expense, depreciation and amortization, which can vary
substantially from company to company
depending upon accounting methods and book value of assets, financing
methods, capital structure and the method by
which assets were acquired;

* it helps investors more meaningfully evaluate and compare the results of our
operations from period to period by
removing the impact of our capital structure (primarily interest charges from
our outstanding debt and the impact of
our interest rate swap agreements and payment-in-kind dividend) and asset
base (primarily depreciation and
amortization of our landfills and vehicles) from our operating results; and

* it helps investors identify items that are within our operational control.
Depreciation charges, while a component
of operating income, are fixed at the time of the asset purchase in
accordance with the depreciable lives of the
related asset and as such are not a directly controllable period operating
charge.

Our management uses adjusted EBITDA:

* as a measure of operating performance because it assists us in comparing our
performance on a consistent basis as it
removes the impact of our capital structure and asset base from our operating
results;
* as one method to estimate a purchase price (often expressed as a multiple of
EBITDA or adjusted EBITDA) for solid
waste companies we intend to acquire. The appropriate EBITDA or adjusted
EBITDA multiple will vary from acquisition
to acquisition depending on factors such as the size of the operation, the
type of operation, the anticipated growth
in the market, the strategic location of the operation in its market as well
as other considerations;
* in presentations to our board of directors to enable them to have the same
consistent measurement basis of operating
performance used by management;

* as a measure for planning and forecasting overall expectations and for
evaluating actual results against such
expectations;

* in evaluations of field operations since it represents operational
performance and takes into account financial
measures within the control of the field operating units;

* as a component of incentive cash and stock bonuses paid to our executive
officers and other employees;
* to assess compliance with financial ratios and covenants included in our
credit agreements; and
* in communications with investors, lenders, and others concerning our
financial performance.

The following presents a reconciliation of net income (loss) available to
common stockholders to our adjusted EBITDA
(in thousands):

Three Months Ended Six Months Ended

June 30, June 30,

---------------------- ----------------------

2011 2010 2011 2010

---------- ---------- ---------- ----------

Net income (loss) available to common stockholders $
(3,041) $ 210 $ (4,713) $ (1,646)
Accrued payment-in-kind dividend on preferred stock
1,170 1,112 2,331 2,220
Depreciation and amortization
8,532 7,771 15,900 15,059
Interest expense, net
5,412 4,687 10,376 9,379
Write-off of deferred financing costs
157 184 157 184
Loss on early extinguishment of debt
4,075 -- 4,075 --
Impact of interest rate swap
-- (68) -- 184
Income tax provision (benefit)
(280) 1,429 (1,074) 890

Merger and acquisition related expenses
17 36 437 134

---------- ---------- ---------- ----------

Adjusted EBITDA $
16,042 $ 15,361 $ 27,489 $ 26,404

========== ========== ========== ==========
Adjusted EBITDA as a percentage of revenue
21.9% 25.5% 20.9% 23.4%

The following table presents a reconciliation of net income (loss) available
to common stockholders
to adjusted net loss available to common stockholders to exclude write-off of
deferred financing
costs, loss on early extinguishment of debt, impact of interest rate swap
agreements, merger and
acquisition related expenses, and tax impact of vested restricted shares (in
thousands, except per
share amounts). Management believes that this non-GAAP measure is useful to
an investor because
the excluded items are not representative of our on-going operational
performance. Per share
information of the adjusted net income (loss) available to common
stockholders is also shown
below:

Adjusted net income (loss) available to common

stockholders to exclude

write-off of deferred financing costs, loss on early

extinguishment of debt,

impact of interest rate swap agreements, merger and Three Months Ended
Six Months Ended
acquisition related June 30,
June 30,
-------------------
----------------------

expenses, tax impact of vested restricted shares: 2011 2010
2011 2010
---------- -------
---------- ----------

Net income (loss) available to common stockholders $ (3,041) $ 210
$ (4,713) $ (1,646)
Write-off of deferred financing costs, net of tax 75 99
75 99
Loss on early extinguishment of debt, net of tax 2,649 --
2,649 --
Impact of interest rate swap, net of tax -- (13)
-- 99
Merger and acquisition related expenses, net of tax 78 30
219 75

Tax impact of vested restricted shares 11 (1)
-- 131
---------- -------
---------- ----------
Adjusted net income (loss) available to common

stockholders $ (228) $ 325
$ (1,770) $ (1,242)
========== =======
========== ==========

PER SHARE DATA (Basic and diluted):

Net income (loss) available to common stockholders $ (0.13) $ 0.01
$ (0.21) $ (0.09)
Write-off of deferred financing costs, net of tax 0.00 0.01
0.00 0.01
Loss on early extinguishment of debt, net of tax 0.12 --
0.12 --
Impact of interest rate swap, net of tax -- (0.00)
-- 0.01
Merger and acquisition related expenses, net of tax 0.00 0.00
0.01 0.00

Tax impact of vested restricted shares 0.00 (0.00)
-- 0.01
---------- -------
---------- ----------
Adjusted net income (loss) available to common

stockholders to exclude write-

off of deferred financing costs, loss on early

extinguishment of debt, impact of

interest rate swap agreements, merger and acquisition

related expenses,

tax impact of vested restricted shares:

-- Basic $ (0.01) $ 0.02
$ (0.08) $ (0.06)
========== =======
========== ==========

-- Diluted $ (0.01) $ 0.02
$ (0.08) $ (0.06)
========== =======
========== ==========

WEIGHTED AVERAGE SHARES OUTSTANDING (Basic) 22,650 19,580
21,750 19,552
---------- -------
---------- ----------

WEIGHTED AVERAGE SHARES OUTSTANDING (Diluted) 22,650 19,735
21,750 19,552
---------- -------
---------- ----------

These non-GAAP measures may not be comparable to similarly titled measures
employed by other
companies and are not measures of performance calculated in accordance with
GAAP. They should not
be considered in isolation or as substitutes for operating income, net income
or loss, cash flows
provided by operating, investing and financing activities, or other income or
cash flow statement
data prepared in accordance with GAAP.

Supplemental Disclosures
------------------------------------------------------------------------
(Dollars in millions unless otherwise indicated)

Three Months Three Months
Ended Ended
June 30, 2011 June 30, 2010
---------------- ----------------
Revenue Breakdown:
Collection $ 40.4 47.4% $ 30.8 43.2%
Disposal 27.2 31.9% 27.2 38.2%
Transfer 12.0 14.1% 9.8 13.8%

Other 5.6 6.6% 3.4 4.8%
-------- ------ --- -------- ------
Total 85.2 100.0% 71.2 100.0%
Intercompany
eliminations (11.9) (10.9)
-------- --------
Total reported
revenue $ 73.3 $ 60.3
======== ========

Internalization of
Disposal:
Three months ended June
30, 2011 67.4%

------------------------------------------------------------------------

Six Months Ended Six Months Ended

June 30, 2011 June 30, 2010
---------------- ----------------
Revenue Breakdown:
Collection $ 74.4 48.6% $ 60.5 45.8%
Disposal 48.7 31.8% 48.3 36.5%
Transfer 20.4 13.4% 17.6 13.3%

Other 9.5 6.2% 5.8 4.4%
-------- ------ -------- ------
Total 153.0 100.0% 132.2 100.0%
Intercompany
eliminations (21.7) (19.6)
-------- --------
Total reported
revenue $ 131.3 $ 112.6
======== ========

Internalization of
Disposal:
Six months ended June
30, 2011 68.4%

------------------------------------------------------------------------

Three Months Six Months Ended
Ended
June 30, 2011 June 30, 2011
vs. 2010 vs. 2010
---------------- ----------------
Revenue Growth
(Decline):
Volume $ (1.7) -2.8% (a) $ (2.6) -2.3% (a)
Price 2.1 3.5% (a) 3.8 3.4% (a)
Fuel surcharge 1.1 1.8% (a) 1.8 1.6% (a)
Acquisitions 11.5 19.0% (a) 16.4 14.5% (a)
Sale of Jonesboro
assets -- 0.0% (0.7) -0.6%
-------- ------ (a) -------- ------ (a)

Total revenue growth $ 13.0 $ 18.7
======== 21.5% (a) ======== 16.6% (a)

(a) Percentages are calculated based on dollar amounts rounded in

thousands.

---------------------------------------------------------------------

June 30,
2011
--------
Debt-to-Capitalization:
Long-term debt including current
maturities $ 279.6
Total equity including preferred
stock 176.7
--------

Total capitalization $ 456.3
========

Debt-to-total capitalization 61.3%

Net Debt-to-Capitalization:

Long-term debt including current
maturities $ 279.6

Cash on hand (4.7)
--------
Net debt 274.9
Total equity including preferred
stock 176.7
--------

Total capitalization $ 451.6
========

Net debt-to-total
capitalization 60.9%

The information below summarizes non-recurring costs associated with the debt
refinancing activities during the second and third
quarters of 2011:

-------------------------------------------------------------------------------
------------------------------------------------

Estimated

Q2 Q3

---------- -----------
Loss on early extinguishment of debt
$ 4,075 $ 1,681
Write-off of deferred financing costs associated with credit facility amendment
157 --
Interest expense from carrying untendered senior notes
298(1) 99(1)

Less: reduction of interest expense from paying down revolver
(91) (30)

----------(2) -----------(2)

Non-recurring pre-tax costs
$ 4,439 $ 1,750

=======================================

(1) $100.969 million of the $150 million senior notes due 2014 were tendered as
of June 6, 2011, leaving $49.031 million
untendered. Q2 interest expense for the untendered senior notes is calculated
for 24 days from June 7 to June 30, 2011.
Estimated Q3 interest expense is calculated for 8 days from July 1 to July 8,
2011.
(2) Cash temporarily freed up by the $49.031 million untendered senior notes
was used to pay down the revolver credit
facility. Q2 reduction of revolver interest expense is calculated for 24 days
from June 7 to June 30, 2011. Estimated
Q3 reduction of interest expense is calculated for 8 days from July 1 to July
8, 2011.

CONTACT: WCA Waste Corporation (NASDAQ:WCAA)
Houston, Texas
Tommy Fatjo
713-292-2400