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.
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