Allan Gerlat, News Editor

February 7, 2013

1 Min Read
Stericycle Posts Higher Net Income in Quarter, Year

Stericycle Inc. posted higher net income for its fourth quarter and year.

The Lake Forest, Ill.-based Stericycle said in a news release that net income attributable to the company for the period ended Dec. 31 rose 9 percent to $70.1 million, or 80 cents per diluted share, compared with $64.3 million, or 74 cents per diluted share. Revenue climbed 12.8 percent to $503.6 million, compared with $446.6 million in the fourth quarter last year.

For the year net earnings advanced 14.1 percent to $268 million, or $3.08 per diluted share, compared with $234.8 million, or $2.69 per diluted share, in 2011. Revenue jumped 14.1 percent to $1.91 billion compared with $1.68 billion a year earlier.

 

About the Author(s)

Allan Gerlat

News Editor, Waste360

Allan Gerlat joined the Waste360 staff in September 2011 as news editor. He was the editor of Waste & Recycling News for the first 16 years of its history, and under his guidance the publication won 27 national and regional awards.

Before Waste & Recycling News, Allan worked at another Crain Communications publication, Rubber & Plastics News, which covers rubber product manufacturing. He began with the publication as associate editor and eventually became managing editor, a position he held for nine years.

Allan is a graduate of Ohio University, where he earned a BS in journalism. He is based in Sagamore Hills, in northeast Ohio.

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