![]() ![]() Though the settlement, the company has agreed to pay nearly $90 million in fines related to legacy anti-corruption charges in its Latin America business units, which it will take from revenues accrued in the third and fourth quarters of 2021. Securities and Exchange Commission (SEC), as well as Brazilian authorities. Results of Stericycle's financial performance came just weeks after an announced settlement with the U.S. Revenues in Q1 2022 reached $664.2 million, down from $668 million year over year (YOY), or a drop of. ![]() Over the past several years, we have focused on instituting new policies, procedures and internal controls, as well as building a culture of compliance, integrity and accountability that aligns with our core values across our entire global operation.” "I am proud of how our team members overcame challenges from the Omicron variant and we are encouraged with our momentum as we exit the first quarter and look to the rest of the year. Miller, President and CEO, in a statement. "As we mentioned last quarter, we anticipated that the first half of 2022 would have lower results compared to 2021," ” said Cindy J. The news doesn't come as a surprise as supply chain restraints, labor shortages and inflationary pressures continue to affect industry operations. ![]() Bannockburn, Ill.-based medical waste disposal provider Stericycle reported lower financial results in the first quarter of 2022, ended March 31, 2022. ![]()
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