Sharps Compliance (SMED) Tops Q4 EPS by 12c
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Sharps Compliance Reports Fiscal 2020 Fourth Quarter Results
August 19, 2020 6:55 AM EDTFourth quarter 2020 revenue of $12.6 million, an increase of 3% over prior yearFourth quarter 2020 customer billings of $13.5 million, an increase 6% over prior yearGrowth from all service lines; Improved gross margins to 33.3%Earnings of $2.2 million, or $0.13 per shareBillings increased in several key markets including Retail at 54%, Home Healthcare at 14% and Assisted Living at 96%New Texas autoclave now operational increasing medical waste processing capacity from 10 to 18 million pounds; further expansion expected to be complete by October 2020 which... More
