Stericycle (SRCL) Misses Q1 EPS by 14c

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Stericycle, Inc. Reports Results For the First Quarter 2022

April 28, 2022 7:00 AM EDT

BANNOCKBURN, Ill., April 28, 2022 (GLOBE NEWSWIRE) -- Stericycle, Inc. (Nasdaq: SRCL) today reported results for the first quarter ended March 31, 2022.

Revenues for the first quarter were $664.2 million, a decrease of 0.6% compared to $668.0 million in the first quarter of 2021. Organic revenues increased 2.1%. Income from operations was $5.9 million compared to $59.1 million in the first quarter of 2021. Net loss was $14.2 million, or $0.15 diluted loss per share, compared to net income of $26.1 million, or $0.28 diluted earnings per share, in the first quarter of 2021. Adjusted income from operations was $59.0 million, compared to $110.0 million in the first... More