Stericycle (SRCL) Misses Q2 EPS by 2c, Revenue Beats
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Stericycle, Inc. Reports Results For the Second Quarter 2021
August 6, 2021 7:00 AM EDTBANNOCKBURN, Ill., Aug. 06, 2021 (GLOBE NEWSWIRE) -- Stericycle, Inc. (Nasdaq: SRCL) today reported results for the second quarter ended June 30, 2021.
Revenues for the second quarter were $672.7 million, an increase of 12.5% compared to $598.2 million in the second quarter of 2020, primarily due to more significant COVID-19 pandemic impacts in the second quarter of 2020. The impact of the ongoing economic recovery from COVID-19 and quality of revenue initiatives have been partially offset by the impact of divestitures. Organic revenues increased 14.4% when excluding the impact of divestitures and foreign exchange rates. Income from operations was... More
