Stericycle Posts 17-Percent Earnings Jump

Allan Gerlat, News Editor

April 26, 2012

1 Min Read
Stericycle Posts 17-Percent Earnings Jump

Stericycle Inc. reported a 17-percent increase in net income for its first quarter.

The Lake Forest, Ill.-based medical waste company said in a news release that 2012 first-quarter net income reached $64.9 million, or 75 cents per diluted share, compared with $55.7 million, or 64 cents per diluted share, in the year-ago period.

Revenue for the quarter ended March 31 advanced 15.6 percent to $460.1 million compared with $398.1 million in the 2011 period.

Acquisitions added approximately $41 million to the 2012 revenue, Stericycle said.


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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