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Stock impact report

Sotera Health (SHC) Q3 2024 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Sotera Health Company (SHC) 
Chairman and Chief Executive Officer — Michael B. Petras Jr. Chief Financial Officer — Jonathan W. Lyons TAKEAWAYS Total Revenue -- $285 million, up 8.5%, with constant currency growth of 8.9%. Adjusted EBITDA -- $146 million, up 9% and yielding a margin of 51.3%, a 23 basis point increase. Adjusted EPS -- $0.17, up $0.01. Net Income -- $17 million, or $0.06 per diluted share, compared to a net loss of $14 million, or $0.05 per diluted share, in the same quarter last year. Sterigenics Revenue -- $176 million, up 4.3%, driven by 4.4% favorable pricing and a 50 basis point volume/mix increase, offset by a 60 basis point currency headwind. Sterigenics Segment Income -- $96 million, up 3%, with margin at 54.7%, a decline of 70 basis points due to higher employee compensation costs. Nordion Revenue -- $51 million, up 28%, primarily from timing shifts of Cobalt-60 harvests; 23.2% growth from volume/mix, 5.7% from pricing, offset by a 90 basis point negative currency impac Show less Read more
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