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Sotera Health Co - SHC STOCK NEWS

Welcome to our dedicated news page for Sotera Health Co (Ticker: SHC), a resource for investors and traders seeking the latest updates and insights on Sotera Health Co.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Sotera Health Co's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Sotera Health Co's position in the market.

Rhea-AI Summary
Sotera Health Company (Nasdaq: SHC) announces the release of its first-quarter financial results on May 2, 2024. Management will host a conference call to discuss operating highlights and financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.23%
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Rhea-AI Summary
Sotera Health Company (SHC) announced a secondary offering of 25,000,000 shares of common stock at $14.75 per share, with selling stockholders including affiliates of Warburg Pincus LLC and GTCR LLC. The Company will not receive any proceeds from the offering, expected to close on March 4, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
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none
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Rhea-AI Summary
Sotera Health Company announces a secondary offering of 25,000,000 shares of common stock by selling stockholders, including affiliates of Warburg Pincus LLC and GTCR, LLC. Underwriters have an option to purchase an additional 3,750,000 shares. The Company will not receive proceeds from the Offering.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-13.75%
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Rhea-AI Summary
Sotera Health Company (SHC) reported positive financial results for Q4 2023 and full-year 2023, with net revenues increasing by 4.5% to $1.05 billion and Adjusted EBITDA up by 4.3% to $528 million. The company also provided a full-year 2024 outlook of 4.0% - 6.0% growth for Net Revenues and Adjusted EBITDA.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.64%
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Rhea-AI Summary
Sotera Health Company (Nasdaq: SHC) plans to release its financial results for Q4 and full-year 2023 on February 27, 2024. A conference call will follow to discuss operating highlights and financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.78%
Tags
-
Rhea-AI Summary
Sotera Health Company (Nasdaq: SHC) delivered top-line growth in 2023, with expected full-year revenues between $1.040 billion and $1.050 billion. The company's consistent growth since going public in 2020 reinforces its critical role in global healthcare and durable business model. Chairman and CEO Michael B. Petras, Jr. provided this update during the 42nd Annual J.P. Morgan Healthcare Conference.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.06%
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none
Rhea-AI Summary
Sotera Health Company (NASDAQ: SHC) to present at the 42nd Annual J.P. Morgan Healthcare Conference. Chairman and CEO Michael B. Petras, Jr. will lead the presentation, along with other key executives, discussing the company's mission-critical sterilization solutions and lab testing services for the healthcare industry.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.22%
Tags
conferences
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Rhea-AI Summary
Sotera Health Company (Nasdaq: SHC) appoints Karen Flynn, an accomplished healthcare leader with over 35 years of experience in the pharmaceutical services industry, as a new independent director to its Board. Ms. Flynn's extensive commercial expertise and background in leading high-growth businesses make her a valuable addition to the company's Board of Directors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.93%
Tags
management
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Rhea-AI Summary
Sotera Health Company (Nasdaq: SHC) reported Q3 2023 net revenues of $263 million, a 6% increase compared to Q3 2022. However, they also experienced a net loss of $14 million or $0.05 per diluted share, compared to net income of $25 million or $0.09 per diluted share in Q3 2022. Adjusted EBITDA increased 7% to $134 million, but Adjusted EPS decreased to $0.21, driven by higher interest expense. The company reaffirmed its 2023 outlook, anticipating results at the lower end of the range.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.66%
Tags
none
Rhea-AI Summary
Sotera Health Company (Nasdaq: SHC) plans to release its financial results for the third quarter of 2023 on November 1. A conference call will be held to discuss the operating highlights and financial results.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.6%
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Sotera Health Co

Nasdaq:SHC

SHC Rankings

SHC Stock Data

3.19B
127.49M
3.11%
81.23%
3.84%
Testing Laboratories
Professional, Scientific, and Technical Services
Link
United States
Broadview Heights

About SHC

sotera health company provides sterilization, and lab testing and advisory services to the medical device, pharmaceutical, and food products industries in the united states and internationally. its sterilization services include gamma and electron beam irradiation, and eo processing; and lab services comprise analytical chemistry, medical device, and pharmaceutical lab testing, as well as microbiology testing. the company also provides co-60 and gamma irradiators, which are principal components to the gamma sterilization process. its microbiology testing services help customers to identify and measure the potential risks of microbes to a product and ensure that the quality of the products is maintained; and advisory services help customers in navigating the regulatory requirements applicable throughout the product lifecycle. the company was formerly known as sotera health topco, inc. and changed its name to sotera health company in october 2020. sotera health company was incorporated i