Stericycle (SRCL) Tops Q2 EPS by 1c

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Stericycle, Inc. Reports Results For the Second Quarter 2022

August 5, 2022 7:00 AM EDT

BANNOCKBURN, Ill., Aug. 05, 2022 (GLOBE NEWSWIRE) -- Stericycle, Inc. (Nasdaq: SRCL) today reported results for the second quarter ended June 30, 2022.

Revenues for the second quarter were $679.8 million, an increase of 1.1% compared to $672.7 million in the second quarter of 2021, with organic revenues1 growing 5.0%. Income from operations was $38.1 million compared to $55.6 million in the second quarter of 2021. Net income was $10.5 million, or $0.11 diluted earnings per share, compared to net income of $29.3 million, or $0.32 diluted earnings per share, in the second quarter of 2021. Adjusted income from operations1 was $82.0 million, compared to $105.7 million in the second quarter of... More