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April 26, 2015 1:16 AM ET

Commercial Services and Supplies

Company Overview of Swisher Hygiene Inc.

Company Overview

Swisher Hygiene Inc. provides hygiene and sanitizing solutions. It solutions include cleaning and sanitizing chemicals and restroom hygiene programs, as well as a range of related products and services. The company sells consumable products comprising detergents, cleaning chemicals, soaps, papers, water filters, and supplies, as well as rents and services dish machines and other equipment for the dispensing of these products; and offers cleaning services for facilities. It provides restroom hygiene and facility services consisting of cleaning the toilet bowls, urinals, and sinks; application of a germicide to such surfaces to inhibit bacteria growth; and restocking of air fresheners. The com...

4725 Piedmont Row Drive

Suite 400

Charlotte, NC 28210

United States

1,200 Employees

Phone:

704-364-7707

Key Executives for Swisher Hygiene Inc.

Chief Executive Officer, President and Director
Age: 63
Total Annual Compensation: $40.4K
Chief Financial Officer and Senior Vice President
Age: 66
Total Annual Compensation: $145.4K
Chief Operating Officer and Senior Vice President
Age: 59
Total Annual Compensation: $268.3K
Compensation as of Fiscal Year 2013.

Swisher Hygiene Inc. Key Developments

Swisher Hygiene Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended December 31, 2014; Provides Capital Expenditure Guidance for 2015

Swisher Hygiene Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2014. For the quarter, the company reported total revenue of $45,857,000 against $50,364,000 a year ago. Loss from continuing operations was $9,877,000 or $0.56 per basic and diluted share against $108,496,000 or $5.94 per basic and diluted share a year ago. Net loss from continuing operations before income taxes was $10,103,000 against $109,136,000 a year ago. Net loss from continuing operations was $10,092,000 against $105,215,000 a year ago. Net loss was $10,092,000 against $107,024,000 a year ago. Adjusted EBITDA loss was $3,340,000 against $6,902,000 a year ago. For the year, the company reported total revenue of $193,757,000 against $213,688,000 a year ago. Loss from continuing operations was $45,234,000 or $2.64 per basic and diluted share against $152,473,000 or $8.55 per basic and diluted share a year ago. Net loss from continuing operations before income taxes was $46,897,000 against $153,127,000 a year ago. Net loss from continuing operations was $46,808,000 against $150,532,000 a year ago. Net loss was $46,808,000 against $153,049,000 a year ago. Adjusted EBITDA loss was $12,861,000 compared to $21,630,000 a year ago. For 2014, the company spent $8.6 million on property and equipment purchases, the majority of which was related to dish machines and chemical dispensers placed at customer locations, plus the cost associated with the consolidation of one of the chemical manufacturing facilities. The company expects to spend less on property and equipment purchases in 2015 than the company spent in 2014.

Swisher Hygiene Inc., Q4 2014 Earnings Call, Apr 01, 2015

Swisher Hygiene Inc., Q4 2014 Earnings Call, Apr 01, 2015

Swisher Hygiene Inc. Provides Earnings Guidance for the Year 2014

Swisher Hygiene Inc. expected the results in revenue, gross margin, route expense, and selling, general and administrative expenses for the year ended December 31, 2014 to be comparable to the results realized during the nine months ended September 30, 2014.

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