Stericycle, Inc. Reports Results For The Fourth Quarter 2023

February 28, 2024

https://www.globenewswire.com/news-release/2024/02/28/2836815/30794/en/Stericycle-Inc-Reports-Results-For-The-Fourth-Quarter-2023.html

BANNOCKBURN, Ill., Feb. 28, 2024 (GLOBE NEWSWIRE) — Stericycle, Inc. (Nasdaq:SRCL) today reported results for the fourth quarter ended December 31, 2023.

Revenues for the fourth quarter were $652.0 million, a decrease of 2.7% compared to $670.4 million in the fourth quarter of 2022. Income from operations was $37.1 million, compared to $59.1 million in the fourth quarter of 2022. Net income in the fourth quarter was $14.9 million, or $0.16 diluted earnings per share, compared to $31.8 million, or $0.35 in the fourth quarter of 2022. Adjusted income from operations1 was $84.5 million, compared to $90.6 million in the fourth quarter of 2022. Adjusted diluted earnings per share1 was $0.54, compared to $0.60 in the fourth quarter of 2022. Cash flow from operations for the year ended December 31, 2023 was $243.3 million, compared to $200.2 million in 2022. Free cash flow2 for the year ended December 31, 2023 was $112.0 million, compared to $68.0 million in 2022.

Read more at globenewswire.com

NASDAQ and NYSE quotes and data are delayed 15 minutes unless indicated otherwise. Market data and exchange information are provided for informational purposes only and is not intended for trading purposes. Neither 24/7 Market News Editors, 247 Market News, or data and content providers shall be liable for any errors or omissions, delays, misquotes or other market information relayed in any press materials. You should Use Realtime data to conduct due diligence before investing or trading, and trading in any stock is risky you could lose all your money.