Sharps Compliance (SMED) Misses Q1 EPS by 6c, Revenues Miss

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Sharps Compliance Reports Fiscal 2021 First Quarter Results

October 27, 2020 6:55 AM EDT

First Quarter Revenue of $13.2 million decreased 3% from the prior year; shortfall from expectations resulting from customer ordering patterns for flu-related mailback orders Long-Term Care billings increased 110%; Pharmaceutical Manufacturer billings grew 26%Retail market billings, excluding flu-related orders, up 26%Route-Based Pickup billings increased 19% for the quarterBillings in the Professional Market and Route-Based Pickup revenues recover to surpass pre-COVID-19 levels  New Pennsylvania autoclave increasing medical waste processing capacity from 18 to 27 million pounds per... More