Stericycle (SRCL) Tops Q1 EPS by 12c, Revenues Beat

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Stericycle, Inc. Reports Results For the First Quarter 2021

April 29, 2021 7:00 AM EDT

BANNOCKBURN, Ill., April 29, 2021 (GLOBE NEWSWIRE) -- Stericycle, Inc. (Nasdaq: SRCL) today reported results for the first quarter ended March 31, 2021.

Revenues for the first quarter were $668.0 million, a decrease of 14.9% compared to $785.0 million in the first quarter of last year, primarily due to the impact of divestitures. Organic revenues increased 0.9% when excluding the impact of divestitures and foreign exchange rate. Income from operations was $59.1 million, compared to a loss from operations of $30.4 million in the first quarter of last year. Net income was $26.1 million, or $0.28 diluted earnings per... More