STERIS plc (STE): Submission of Matters to a Vote of Security Holders

Steris (NYSE:STE) reported Q2 CY2026 sales of $1.49 billion, up 7.3% year on year and in line with Wall Street estimates. Non-GAAP adjusted EPS was $2.59, up from $2.34, beating consensus by 3.9%. Adjusted operating margin was 19.1% in Q2. Analysts expect revenue growth of 7.1% and full-year EPS to rise from $10.42 to $11.45.

STERIS plc (STE) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 ste6302026ex991.htm EX-99.1 Document Exhibit 99.1 STERIS Announces Financial Results for Fiscal 2027 First Quarter • Fiscal 2027 first quarter revenue increased 7%; constant currency organic revenue growth was 6% • Fiscal 2027 first quarter as reported diluted EPS incre

STERIS plc (STE) has lagged the market, falling 11.2% over the past year versus a 27.9% S&P 500 gain, and is down 14.6% in 2026 YTD. After Q4 results on May 11 (revenue $1.6B, +7.3% YoY; adjusted EPS $2.83, +3.3%), analysts expect FY2027 EPS of $11.18 (+9.9%). Consensus is “Moderate Buy” (5 “Strong Buy,” 3 “Hold”); KeyBanc cut its target to $269.

SK Hynix’s board approved Aug 7, 2026 capital of ₩54.3T ($38.0B) for two South Korea fabs. Yongin Y2 DRAM fab gets ₩35.2T ($24.6B) and Cheongju M17 NAND fab gets ₩19.1T ($13.4B). First meaningful output is no earlier than 2029. Article cites US has no HBM wafer capacity and packaging grants cover assembly, not wafers.

SK Hynix is considering options for its Chongqing, China semiconductor packaging and testing facility, including possibly bringing in an investor to accelerate growth. People familiar said a potential stake sale could value the plant at about US$3 billion and SK Hynix may keep a minority stake. Separately, it plans a 54 trillion won (US$38 billion) South Korea expansion for DRAM and NAND.

Zillow Group said Aug. 4 it will cut more than 500 jobs, about 7% of staff, its second layoff round this year after 200 cuts in January. The company reported Q2 2026 revenue of $772 million, up 18% year over year, but a $4 million net loss driven by a $36 million restructuring charge, citing a flat housing market.