Stericycle, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 06, 2021 at 07:00 am EDT
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Stericycle, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 672.7 million compared to USD 598.2 million a year ago. Operating income was USD 55.6 million compared to USD 24.9 million a year ago. Net income was USD 29.3 million compared to net loss of USD 4.5 million a year ago. Basic earnings per share from continuing operations was USD 0.32 compared to basic loss per share from continuing operations of USD 0.05 a year ago. For the half year, sales was USD 1,340.7 million compared to USD 1,383.2 million a year ago. Operating income was USD 114.7 million compared to operating loss of USD 5.5 million a year ago. Net income was USD 55.4 million compared to net loss of USD 24.6 million a year ago. Basic earnings per share from continuing operations was USD 0.6 compared to basic loss per share from continuing operations of USD 0.27 a year ago.
Stericycle, Inc. is a business-to-business services company and provider of compliance-based solutions that protect people and brands, promote health and well-being and safeguard the environment. The Company serves customers in North America and Europe with solutions for regulated waste and compliance services (RWCS) and secure information destruction (SID). Its RWCS include biohazardous waste disposal, compliance solutions (including Steri-Safe Compliance Solutions), specialty services and medical supply store. Its specialty services include MedDrop Medication Collection Kiosks, Safe Community Solutions, SafeDrop Sharps Mailback Solutions, and Airport and Maritime Waste Services. The Company's SID services include SID and compliance solutions (including document, hard drive, and specialty destruction services) under the Shred-it brand name, which includes regular scheduled services (and processing onsite and offsite) and one-time services (including select, priority and express).
STERICYCLE, INC. 
