SRCL - Stericycle Non-GAAP EPS of $0.43 misses by $0.08 revenue of $669.5M misses by $14.58M
2023-07-27 07:05:18 ET
- Stericycle press release ( NASDAQ: SRCL ): Q2 Non-GAAP EPS of $0.43 misses by $0.08 .
- Revenue of $669.5M (-1.5% Y/Y) misses by $14.58M .
- The decrease was primarily due to impacts of divestitures of $24.0 million and unfavorable foreign exchange rates of $1.2 million, partially offset by organic revenue growth of $14.9 million. Organic revenues in RWCS grew $19.7 million, while Secure Information Destruction (“SID”) organic revenues were lower by $4.8 million.
- Grew organic revenues 2.3% compared to the second quarter of 2022 with Regulated Waste and Compliance Services (“RWCS”) growing 4.7%.
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Stericycle Non-GAAP EPS of $0.43 misses by $0.08, revenue of $669.5M misses by $14.58M