Stifel Upgrades Stericycle (SRCL) to Buy

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Go back to Stifel Upgrades Stericycle (SRCL) to Buy

Stericycle, Inc. Reports Results for the Third Quarter and Year to Date 2016

October 27, 2016 4:02 PM EDT

LAKE FOREST, Ill., Oct. 27, 2016 (GLOBE NEWSWIRE) -- Stericycle, Inc. (NASDAQ: SRCL), today reported financial results for the third quarter and year to date 2016.

THIRD QUARTER HIGHLIGHTS COMPARED TO PRIOR YEAR:

Revenues of $890.1 million, up 23.9%, including a 2.5% negative impact from foreign exchangeGAAP gross profit of $379.3 million, up 26.6%GAAP EPS decreased 11.1% to $0.72 and Non-GAAP EPS increased 7.8% to $1.24

THIRD QUARTER RESULTS

Revenues for the quarter ended September 30, 2016 were... More