Stericycle (SRCL) Tops Q2 EPS by 3c

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Stericycle, Inc. Reports Results for the Second Quarter 2018

August 2, 2018 4:02 PM EDT

LAKE FOREST, Ill., Aug. 02, 2018 (GLOBE NEWSWIRE) -- LAKE FOREST, Ill., August 2, 2018 - Stericycle, Inc. (Nasdaq: SRCL) today reported results for the second quarter 2018.

SECOND-QUARTER HIGHLIGHTS COMPARED TO PRIOR YEAR:

Revenues of $883.3 million, a decrease of 3.7%, driven by the expected decline in the small quantity (SQ) medical waste business combined with softness in Communication and Related Services (CRS) and divestitures, partially offset by growth in Secure Information Destruction and other core service offerings Gross profit of $353.3 million, a decrease of 7.4%, given... More