SHC - Sotera Health Non-GAAP EPS of $0.21 beats by $0.04 revenue of $255M misses by $3.93M

2023-08-03 07:21:31 ET

• Sotera Health press release ( NASDAQ: SHC ): Q2 Non-GAAP EPS of $0.21 beats by $0.04 .
• Revenue of $255M (-4.4% Y/Y) misses by $3.93M .
• Shares -13% PM.
• • Q2 2023 net income of $24 million or $0.08 per diluted share, compared to net income of $30 million or $0.11 per diluted share in Q2 2022
  • Q2 2023 Adjusted EBITDA of $128 million decreased 6%, compared to Q2 2022, driven by expected Nordion Cobalt-60 harvest schedule timing
  • Total debt of $2.3 billion and net leverage ratio of 4.2x as of June 30, 2023
  • Adjusting full-year 2023 net revenue outlook to $1.035 billion to $1.055 billion and Adjusted EBITDA to $520 million to $535 million

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