Sharps Compliance Reports Fiscal 2021 Second Quarter Results

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Sharps Compliance (SMED) Reports In-Line Q2 EPS, Revenues Beat

January 28, 2021 6:58 AM EST

Sharps Compliance (NASDAQ: SMED) reported Q2 EPS of $0.07, in-line with the analyst estimate of $0.07. Revenue for the quarter came in at $17 million versus the consensus estimate of $16.13 million.

Second Quarter Revenue of $17.0 million, increased 17% from the prior yearSecond Quarter Customer Billings of $18.5 million, increased 24% over the prior yearRetail market billings increased 46%; Long-Term Care market billings increased 56%; Pharmaceutical Manufacturer market billings grew 35%Route-Based Pickup billings increased 41% for the quarterSecond Quarter Net Income of $0.07 per shareCompany now expects approximately $15 Million in COVID-19 related advance mailback orders in the March quarter,... More