Stericycle (SRCL) Misses Q3 EPS by 16c
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Stericycle, Inc. Reports Results For the Third Quarter 2021
November 2, 2021 7:00 AM EDTBANNOCKBURN, Ill., Nov. 02, 2021 (GLOBE NEWSWIRE) -- Stericycle, Inc. (Nasdaq: SRCL) today reported results for the third quarter ended September 30, 2021.
Revenues for the third quarter were $648.9 million, an increase of 2.0% compared to $636.4 million in the third quarter of 2020, primarily due to the increase in Regulated Waste and Compliance Services (RWCS) revenues, which was partially offset by the impact of divestitures. Organic revenues increased 4.4% when excluding the impact of divestitures and foreign exchange rates. Loss from operations was $50.6 million, compared to a loss from operations of $55.8 million in the third quarter of 2020.... More
