Sharps Compliance (SMED) Reports In-Line Q1 EPS, Revenues Beat

Go back to Sharps Compliance (SMED) Reports In-Line Q1 EPS, Revenues Beat

Sharps Compliance Reports Fiscal 2019 First Quarter Results

October 24, 2018 6:55 AM EDT

First quarter 2019 revenue increased to $10.3 million with gross margin of 33%, net income of $0.1 million and break-even net income per shareUnused Medication solutions business increased 40%Route-based business increased 21%Unused medication management and route-based services represented 37% of the Companys September 2018 quarter customer billingMedSafe collection receptacles installed base of 2,800 units versus 1,400 a year ago; Surpassed the 20,000 mark for returned MedSafe linersRetail market billings increased 61%Professional market billings increased 19%Pharma... More