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Stericycle Inc - SRCL STOCK NEWS

Welcome to our dedicated page for Stericycle news (Ticker: SRCL), a resource for investors and traders seeking the latest updates and insights on Stericycle stock.

Stericycle Inc (Nasdaq: SRCL) is a global leader in providing specialized services tailored for healthcare organizations and commercial businesses of diverse sizes and sectors. Founded over 25 years ago, Stericycle has evolved from a small startup specializing in medical waste management to an industry frontrunner handling complex and highly regulated services. The company's portfolio includes brand protection solutions, environmental & sustainable solutions, patient & customer communication solutions, and regulated waste management & compliance solutions.

Stericycle has a storied history of challenging the status quo by identifying unmet needs and transforming narrowly defined service categories into comprehensive suites of solutions that customers seek. This strategic approach has propelled the company to the Fortune 1000 list and earned it a place among Forbes' 25 most innovative companies.

As a publicly traded entity, Stericycle reported $2.5 billion in revenue in 2014 and has continued to grow, securing its position as the largest provider of medical waste disposal and data destruction services in the United States. Notably, its Shred-It division is nearly twice the size of its nearest competitor.

In recent news, Stericycle's Shred-It brand announced a two-year collaboration with legendary skateboarder Tony Hawk, sponsoring the 2023 Tony Hawk's Vert Alert event and hosting a community shredding initiative to combat identity theft. Additionally, Stericycle has partnered with the National Park Foundation in a $1 million, five-year commitment to support environmental conservation projects, including wetland restoration in Yosemite National Park and Cape Cod National Seashore.

For more information on Stericycle's wide range of services and their latest updates, visit www.stericycle.com.

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Stericycle, Inc. reported revenues of $664.9 million for the first quarter of 2024, a decrease of 2.8% from the same period in 2023. Adjusted income from operations was $90.5 million, with adjusted diluted earnings per share at $0.57. The company achieved adjusted EBITDA of $116.2 million and grew Regulated Waste and Compliance Services organic revenues by 2.1%. Despite challenges, Stericycle remains optimistic about its full-year 2024 guidance and long-term outlook.
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Stericycle, Inc. achieves its highest CDP Climate Change Survey rating with a 'B' in 2023, emphasizing its dedication to environmental transparency. The company's initiatives in medical waste management, paper recycling, and plastic diversion showcase its environmental leadership. Stericycle's focus on ESG and sustainability is evident through its actions to reduce greenhouse gas emissions and plastic usage.
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Stericycle, Inc. (SRCL) has been recognized as one of America's Greatest Workplaces for Diversity and Women in 2024 by Newsweek and Plant-A Insights Group. The company received five stars for its diverse and inclusive work environment. Stericycle's commitment to diversity and inclusion is evident through strategic recruiting, employee resource groups, training programs, and partnerships with diverse community stakeholders.
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Stericycle, Inc. (SRCL) reported Q4 2023 results with revenues of $652.0 million, a 2.7% decrease YoY. Income from operations was $37.1 million, net income was $14.9 million, and adjusted EPS was $0.54. Cash flow from operations for 2023 was $243.3 million, and free cash flow was $112.0 million. Key highlights include RWCS organic revenue growth, gross profit improvement, and workforce management actions for cost savings. CEO Cindy J. Miller highlighted progress in key business priorities and efficiency improvements.
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Stericycle, Inc. (SRCL) CEO and CFO to present at Raymond James 45th Annual Institutional Investors Conference. The event will take place on March 5, 2024, in Orlando, Florida.
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Stericycle, Inc. (Nasdaq: SRCL) has been recognized by Best in Biz Awards with two sustainability awards: Most Environmentally Responsible Company of the Year and Most Environmentally Friendly Service of the Year. The company's Integrated Waste Stream Solutions (IWSS) was honored for its holistic approach to sustainability, including its container portfolio, operational efficiencies, and strategic partnerships, as well as its Shred-it® Secure Information Destruction Services. Stericycle helped customers divert 101 million pounds of plastic from landfills and treated 1.5 billion pounds of medical waste prior to disposal in 2022.
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Stericycle, Inc. (Nasdaq: SRCL) has been recognized as a 2023 Green Company of the Year by the Business Intelligence Group (BIG) for its holistic approach to sustainability. The company's president and CEO, Cindy J. Miller, emphasized its mission to provide safe, sustainable, and responsible products and services. Globally in 2022, Stericycle diverted 101 million pounds of plastic from landfills, treated 1.5 billion pounds of medical waste, incinerated 38 million pounds of pharmaceutical waste, and recycled one billion pounds of paper.
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Stericycle, Inc. (Nasdaq: SRCL) released its third annual Healthcare Workplace Safety Trend Report, highlighting concerns over medical waste management and safety within healthcare organizations and at-home care.
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Stericycle, Inc. (SRCL) highlights progress on environmental improvements, employee support, and the release of initial global ESG targets focused on forward-looking impact.
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Stericycle, Inc. (Nasdaq: SRCL) announced that Cindy J. Miller, president and CEO, won the Gold Stevie® Award for Women in Business in the Female Executive of the Year category. This recognition highlights her 30 years of global leadership experience and her transformative impact on the company since becoming the first female CEO of Stericycle. The Stevie® Awards are a prestigious honor for female entrepreneurs and executives, with over 1,500 entries this year. Ms. Miller's previous accolades include being named to the Forbes 50 Over 50 list in 2021 and receiving the 2021 Gold Stevie® Award in the Female Executive of the Year category.
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FAQ

What is the current stock price of Stericycle (SRCL)?

The current stock price of Stericycle (SRCL) is $61.99 as of November 4, 2024.

What is the market cap of Stericycle (SRCL)?

The market cap of Stericycle (SRCL) is approximately 5.8B.

What services does Stericycle Inc provide?

Stericycle provides brand protection solutions, environmental & sustainable solutions, patient & customer communication solutions, and regulated waste management & compliance solutions.

What is Stericycle's Shred-It division?

Shred-It, a division of Stericycle, specializes in secure information destruction services, including paper shredding and data protection solutions.

Who did Stericycle recently collaborate with?

Stericycle's Shred-It brand recently partnered with legendary skateboarder Tony Hawk for the 2023 Tony Hawk's Vert Alert event and a community shredding initiative.

What environmental projects is Stericycle involved in?

Stericycle has partnered with the National Park Foundation to support wetland restoration projects in Yosemite National Park and Cape Cod National Seashore.

Where is Stericycle headquartered?

Stericycle is headquartered in Bannockburn, Illinois.

How has Stericycle been recognized for its innovation?

Stericycle has been named among the Fortune 1000 list and Forbes' 25 most innovative companies.

What is the financial performance of Stericycle?

Stericycle reported $2.5 billion in revenue in 2014 and continues to grow as a leader in its industry.

How does Stericycle contribute to community safety?

Stericycle's Shred-It brand hosts community shredding events to raise awareness about identity theft and promote privacy protection.

What is the significance of the Tony Hawk partnership?

The partnership highlights the importance of secure information destruction while engaging with diverse audiences and promoting data protection awareness.

What regions does Stericycle operate in?

Stericycle operates globally, with around 20% of its revenue earned outside North America.
Stericycle Inc

Nasdaq:SRCL

SRCL Rankings

SRCL Stock Data

5.75B
92.37M
0.37%
88.8%
4.75%
Waste Management
Hazardous Waste Management
Link
United States of America
BANNOCKBURN