Sharps Compliance Reports Fiscal 2020 Second Quarter Results

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Sharps Compliance (SMED) Tops Q2 EPS by 3c, Revenues Beat

January 28, 2020 6:56 AM EST

Sharps Compliance (NASDAQ: SMED) reported Q2 EPS of $0.06, $0.03 better than the analyst estimate of $0.03. Revenue for the quarter came in at $14.6 million versus the consensus estimate of $12.11 million.

Second quarter 2020 revenue of $14.6 million, an increase of 18% over prior yearGross margin improved to 33.5%Net income of $1 million, earnings per share of $0.06 and EBITDA of $1.5 million for the second quarter 2020Unused medications billings grew 72%Route-based billings increased 19%Billings... More