UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): November 2, 2001
STERICYCLE, INC.
(Exact name of registrant as specified in its charter)
Delaware 0-21229 36-3640402
(State or other juris- (Commission file (IRS employer
diction of incorporation) number) identification number)
28161 North Keith Drive
Lake Forest, Illinois 60045
(Address of principal executive offices)
Registrant's telephone number, including area code:
(847) 367-5910
ITEM 5. OTHER EVENTS
On November 2, 2001, Stericycle, Inc. (the "Company") announced earnings
for the quarter ended September 30, 2001. Revenues for the quarter were $91.3
million, up 12.6% from revenues of $81.1 million for the same quarter in 2000.
Income from operations for the quarter was $19.7 million, up 25.9% from income
from operations of $15.7 million for the same quarter in 2000. Net income for
the quarter was $6.3 million, up 84.5% from net income of $3.4 million for the
same quarter in 2000. Earnings per share (diluted) for the quarter were $0.30,
up 76.6% from earnings per share (diluted) of $0.17 for the same quarter in
2000.
For the nine months ended September 30, 2001, revenues increased to $265.6
million, up 11.5% from revenues of $238.3 million for the same period in 2000.
Income from operations for the period increased to $56.6 million, up 21.3% from
income from operations of $46.7 million for the same period in 2000. Net income
for the period increased to $16.9 million, up 64.7% from net income of $10.3
million for the same period in 2000. Earnings per share (diluted) for the period
increased to $0.81, up 56.1% from earnings per share (diluted) of $0.52 for the
same period in 2000.
A copy of the Company's release announcing earnings is filed as an exhibit
to and is incorporated by reference in this Report.
(c) Exhibits
The following exhibit is filed with this Report:
Exhibit No. Description
99 Press release dated November 2, 2001 issued by Stericycle, Inc.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
Date: November 2, 2001.
STERICYCLE, INC.
By /s/ Frank J.M. ten Brink
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Frank J.M. ten Brink
Executive Vice President and
Chief Financial Officer
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