Allan Gerlat, News Editor

July 30, 2012

1 Min Read
Medical Waste Firm Stericycle Posts Income Jump in Second Period

Net income for medical waste company Stericycle Inc. rose 22.5 percent for its second quarter ended June 30.

The Lake Forest, Ill.-based company said in a news release that its net income totaled $67.6 million, or 78 cents per diluted share, in the 2012 period compared with $55.5 million, or 63 cents per diluted share, in the year-ago period. Revenue increased 14.3 percent to $468.9 million, compared with $410.4 million from the second quarter last year.

For the first six months net income climbed 19.1 percent to $132.5 million, or $1.53 per diluted share, compared with $111.2 million, or $1.27 per diluted share. Revenue advanced 14.9 percent to $929 million, compared with $808.6 million in the same period last year.

 

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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