Medical Waste Firm Stericycle Posts Stronger Results in Quarter, Year

Allan Gerlat, News Editor

February 6, 2014

1 Min Read
Medical Waste Firm Stericycle Posts Stronger Results in Quarter, Year

Medical waste firm Stericycle Inc. reported stronger net earnings and revenue for its fourth quarter and year.

The Lake Forest, Ill.-based Stericycle said net income for the quarter ended Dec. 31 rose 11.6 percent to $78.2 million, or 90 cents per share, compared with $70.1 million, or 80 cents per share, in the year-ago period. Sales climbed 12.8 percent to $567.9 million from $503.6 million a year earlier, according to a news release.

For the year, net income jumped 16.2 percent to $311.4 million, or $3.56 per share, compared with $268 million, or $3.08 per share, in 2012. Sales advanced 12 percent to $2.14 billion compared with $1.91 billion in the prior year.

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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