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Stericycle Inc (SRCL.OQ)

SRCL.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Stericycle Inc says co approved a restructuring plan to reduce headcount
Thursday, 16 Nov 2017 

Nov 16 (Reuters) - Stericycle Inc ::On November 14, co approved a restructuring plan to reduce headcount in connection with its business transformation​.Expects to incur severance costs in range of about $7 to $10 million in connection with restructuring plan and recent headcount reductions​.Severance costs will be accrued as a pre-tax charge in quarter ending December 31, 2017​.Says ‍restructuring plan will impact about 335 employees, all of which are expected to require cash expenditures - SEC filing​.  Full Article

Stericycle reports Q3 earnings per share $0.41
Thursday, 9 Nov 2017 

Nov 8 (Reuters) - Stericycle Inc :Stericycle Inc reports third-quarter 2017 results.Q3 adjusted earnings per share $1.10.Q3 earnings per share $0.41.Q3 revenue $882.8 million versus I/B/E/S view $896.6 million.Q3 earnings per share view $1.14 -- Thomson Reuters I/B/E/S.  Full Article

Stericycle enters into settlement with plaintiffs
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Stericycle Inc ::Stericycle says ‍on Oct 17, co entered into settlement with plaintiffs, counsel in a multidistrict litigation proceeding - SEC filing ​.Stericycle Inc - litigation proceeding is ‍known as in Re: Stericycle, Inc., Steri-Safe contract litigation, case no. 1:13-CV-05795​.Stericycle - ‍under terms of settlement, co will establish common fund of $295 million​.Stericycle - common fund will be used for compensation to members of settlement class, among others.  Full Article

Stericycle Q4 non-gaap earnings per share $1.00
Thursday, 16 Feb 2017 

Stericycle Inc : Stericycle, Inc. Reports results for the fourth quarter and full year ended 2016 . Q4 gaap earnings per share $0.14 . Q4 revenue $906.4 million versus I/B/E/S view $903.7 million . Q4 earnings per share view $0.93 -- Thomson Reuters I/B/E/S . Q4 non-gaap earnings per share $1.00 .Qtrly organic revenues grew 4.4 pct, or 5.2 pct when adjusted for manufacturing and industrial services.  Full Article

BRIEF-Stericycle says to restate results for three quarters of 2015
Friday, 29 Jul 2016 

Stericycle Inc : Says restatement had no effect on net income for fiscal year ended December 31, 2015 . Says Co's board determined that consolidated financial statements for quarters ended March 31, 2015, June 30, 2015 and Sept 30, 2015 should no longer be relied . Cites errors in timing of recognition of certain loss reserves - SEC filing . Errors in timing of recognition of certain loss reserves relate to Co's settlement of two previously disclosed litigation matters . Says identified accounting errors had no effect on Co's audited annual results for fiscal year ended Dec 31, 2015 .says it will restate portions of its interim condensed consolidated financial statements for affected periods to reflect modified timing of recognition of these losses.  Full Article

Stericycle Inc reports results for the Q2 and year to date 2016
Friday, 29 Jul 2016 

Stericycle Inc : Stericycle, Inc. reports results for the second quarter and year to date 2016 . Q2 GAAP earnings per share $0.43 . Q2 revenue $891.6 million versus I/B/E/S view $912.8 million . Q2 earnings per share view $1.18 -- Thomson Reuters I/B/E/S .Q2 adjusted Non-GAAP earnings per share $1.18.  Full Article

Stericycle Declares Dividend on Mandatory Convertible Preferred Stock
Friday, 19 Feb 2016 

Stericycle, Inc:declared a dividend of $13.125 per share on the company's 5.25% Series A Mandatory Convertible Preferred Stock, to be paid in cash on March 15, 2016 to holders of record as of March 1, 2016.This equates to $1.3125 per depositary share, each of which represents a 1/10(th) interest in a share of the mandatory convertible preferred stock.  Full Article

BRIEF-Stericycle Inc says co approved a restructuring plan to reduce headcount

* On November 14, co approved a restructuring plan to reduce headcount in connection with its business transformation​