secwatch.observer — SEC 8-K summary
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Issuer:     Sotera Health Co (SHC)
CIK:        0001822479
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001822479-23-000049
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Sotera Health Q2 net revenue $255M (-4% YoY), net income $24M; cuts full-year outlook
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- Q2 net revenues $255M, down 4% YoY; net income $24M ($0.08 diluted EPS) vs $30M ($0.11) in Q2 2022.
- Adjusted EBITDA $128M, down 6% YoY; Adjusted EPS $0.21 vs $0.27 in prior year.
- Full-year 2023 guidance revised: net revenue $1.035B-$1.055B, Adjusted EBITDA $520M-$535M.
- Decline driven by expected Nordion Cobalt-60 harvest schedule timing.
- Total debt $2.3B, net leverage ratio 4.2x as of June 30, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822479/000182247923000049/0001822479-23-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822479/000182247923000049/shc-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001822479-23-000049

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