Stericycle reports mixed results for Q1

Medical and hazardous waste disposal and compliance company Stericycle (Nasdaq: SRCL)  this evening reported mixed results for its first quarter ended March 31: Adjusted earnings per share beat the Street, but organic revenue was slightly down. Lake Forest, Ill.–based Stericycle earned $21 million, or 25 cents per share, during the first quarter, down from about $53 million, or 62 cents per share, for the same quarter a year before. Adjusting for one-time items offset by the positive impact of U.S. tax reform, Stericycle’s net income was $1.21 per share, an increase of 11% that beat the average $1.05 per share expectations of analysts polled on Yahoo! Finance. Get the full story on our sister site Medical Design & Outsourcing.  The post Stericycle reports mixed results for Q1 appeared first on MassDevice.
Source: Mass Device - Category: Medical Devices Authors: Tags: Business/Financial News News Well Wall Street Beat stericycle stericycleexpertsolutions Source Type: news