Stericycle (SRCL) Tops Q2 EPS by 18c

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Go back to Stericycle (SRCL) Tops Q2 EPS by 18c

Stericycle, Inc. Reports Results For the Second Quarter 2020

August 6, 2020 7:00 AM EDT

BANNOCKBURN, Ill., Aug. 06, 2020 (GLOBE NEWSWIRE) -- Stericycle, Inc. (Nasdaq: SRCL) today reported results for the second quarter ended June 30, 2020.

Revenues for the quarter were $598.2 million, a decrease of 29.3% compared to $845.8 million in the second quarter of last year due to multiple divestitures and the impact of the COVID-19 pandemic.  Organic revenues declined 10.6% when excluding the impact of divestitures, foreign exchange rates and changes in sorted office paper (SOP) pricing.  Income from operations was $24.9 million, compared to $25.3 million in the second quarter of last year.  Net loss was $4.5 million, or... More