Sharps Compliance (SMED) Tops Q2 EPS by 1c

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Go back to Sharps Compliance (SMED) Tops Q2 EPS by 1c

Sharps Compliance Reports Fiscal 2019 Second Quarter Results

January 23, 2019 6:45 AM EST

Second quarter 2019 revenue increased to $12.4 million with gross margin of 32%, net income of $0.8 million and $0.05 earnings per shareMailback business increased 20% for the quarter reflecting strong flu businessRoute-based business increased 14%MedSafe collection receptacles installed base of about 3,000 units versus 1,600 a year ago and 800 the year prior; Surpassed the 24,500 mark for returned MedSafe linersRetail market billings increased 61% driven by strong flu-related businessProfessional market billings increased 14%Pharma Manufacturer billings lower due to timing of... More