Sharps Compliance (SMED) Misses Q4 EPS by 4c, Revenues Miss

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Go back to Sharps Compliance (SMED) Misses Q4 EPS by 4c, Revenues Miss

Sharps Compliance Reports Fiscal 2018 Fourth Quarter and Year End Results

August 14, 2018 6:55 AM EDT

Fourth quarter 2018 revenue was $9.9 million with gross margin of 30% and net loss per share of $0.01Unused Medication solutions business increased 62%Route-based business increased 21%Unused medication management and route-based services represented 37% of the Companys June 2018 quarter customer billing; 34% for fiscal 2018MedSafe collection receptacles installed base of over 2,500 units versus 1,117 a year ago; Surpassed the 17,000 mark for returned MedSafe linersProfessional market billings increased 11%Weaker than expected Flu season orders for the... More