Sotera Health reports Q4 adjusted EPS 21c, consensus 20c

Reports Q4 revenue $290M, consensus $291.37M. “I am pleased to announce another year of top- and bottom-line growth in 2024. This marks the 19th consecutive year of annual revenue growth for the company,” said Chairman and Chief Executive Officer, Michael B. Petras, Jr. “We accomplished several important milestones during the year, including continued strong customer satisfaction scores of over 80%, a strengthened balance sheet, the expansion of a Sterigenics facility, strong double-digit year-over-year growth in Nelson Labs’ Embedded Labs and Expert Advisory Services segments, and high-single digit growth at Nordion versus 2023. From a governance perspective, Chris Simon, CEO of Haemonetics, joined our board of directors and in January of this year Vince Petrella was appointed lead independent director. These changes further enhance an already strong board governance structure.”