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

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