Medical Waste Firm Stericycle Posts Stronger First Quarter Results

Allan Gerlat, News Editor

April 26, 2013

1 Min Read
Medical Waste Firm Stericycle Posts Stronger First Quarter Results

Medical waste firm Stericycle Inc. reported higher net income and revenue for its first quarter.

The Lake Forest, Ill.-based company said in a news release that for the period ended March 31 net income climbed 15.1 percent to $74.6 million, or 85 cents per diluted share, compared with $64.9 million, or 75 cents per diluted share, in the year-ago period.

Stericycle’s revenue rose 11.7 percent to $513.8 million in 2013 compared with $460.1 million in 2012. The company said acquisitions contributed about $37.1 million to the latest quarter.

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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