Tuesday, STERIS Corp. (STE) said its third-quarter net income increased to $41.0 million or $0.69 per share from $28.6 million or $0.48 per share in the prior year period.
Excluding both the restructuring charge and the adjustment for benefit changes, net of tax, fiscal 2009 third quarter net income was $31.3 million, or $0.53 per share. On average, 6 analysts polled by Thomson Reuters expected the company to report earnings of $0.48 per share for the quarter.
Revenues for the quarter rose to $327.83 million from $319.46 million in the comparable period. Four analysts estimated revenues of $309.68 million for the quarter.
Also, STERIS said its Board of Directors have authorized a regular quarterly dividend in the amount of $0.11 per common share, payable on March 23, 2010 to shareholders of record at the close of business on February 23, 2010.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.