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Wednesday, November 1, 2023

Sotera reaffirms low end of guidance

 

  • Q3 2023 net revenues of $263 million increased 6%, compared to Q3 2022
  • Q3 2023 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
  • Q3 2023 Adjusted EBITDA of $134 million increased 7%, compared to Q3 2022
  • Q3 2023 Adjusted EPS of $0.21 decreased $0.02 per diluted share, compared to Q3 2022 driven by higher interest expense
  • Company reaffirms 2023 outlook, anticipates results at the lower end of the range

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