Stericycle, Inc. reports results up for third quarter
Stericycle, Inc. reported revenues for the quarter ended September 30, 2007
were $237.3 million, up 16.8% from $203.3 million in the third quarter of
Acquisitions less than 12 months old contributed $12.3
million to the $34.0 million revenue growth in the third quarter of 2007.
Gross profit was $106.8 million, up 18.0% from $90.5 million in the third
quarter last year. Gross profit as a percent of revenues was 45.0% versus
44.5% in the third quarter of 2006.
Net income for the quarter was $32.9 million or $0.37 per
diluted share compared with $27.5 million or $0.30 per diluted share for
the third quarter in 2006.