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STERICYCLE INC [SRCL] reports annual net loss of $21,300,000.0

STERICYCLE INC [SRCL] reports annual net loss of $21,300,000.0

Company Reports Revenue of $2.7 billion

By USInMinutes
Published - Feb 29, 2024, 05:58 AM ET
Last Updated - Feb 29, 2024, 05:58 AM EST

STERICYCLE INC [SRCL] has reported a net loss of $21,300,000.0 for year ended Dec 31, 2023.

The Company said in a filing before the Securities and Exchange Commission that its total revenue for the year was $2.7 billion

Based in BANNOCKBURN, Illinois, STERICYCLE INC operates in the TRANSPORT sector.

During the 12 months ended December 31, 2023, Stericycle, Inc. reported revenues of $2,659.3 million, a slight decrease from the $2,704.7 million recorded in the same period in 2022. The cost of revenues for the current year was $1,644.7 million, down from $1,679.1 million in 2022.

The gross profit for 2023 stood at $1,014.6 million, slightly lower than the $1,025.6 million achieved in the previous year. Income from operations experienced a significant decline, dropping to $77.3 million in 2023 from $153.7 million in 2022.

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