Stericycle Reports Fourth-Quarter Results

Date: February 5, 2004

Source: News Room

Stericycle, Inc. (NASDAQ: SRCL) has reported results for the fourth quarter of 2003. Revenues for the quarter ended December 31, 2003 were $114.6 million, up 11 percent from $103.2 million in the same quarter last year. Gross profit was $51.1 million, up 18 percent from $43.3 million in the same quarter last year. Net income for the fourth quarter of 2003 rose 61 percent to $18.4 million, up from $11.4 million in the fourth quarter of 2002. During the fourth quarter of 2003, the company reduced debt by $11.9 million and repurchased $13.2 million of company stock.
More information: www.stericycle.com.

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