Sharps Compliance Reports Fiscal 2021 Third Quarter Results
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Sharps Compliance (SMED) Tops Q3 EPS by 27c, Revenues Beat
April 28, 2021 5:58 AM EDTSharps Compliance (NASDAQ: SMED) reported Q3 EPS of $0.40, $0.27 better than the analyst estimate of $0.13. Revenue for the quarter came in at $27.5 million versus the consensus estimate of $21.64 million.
David P. Tusa, President and Chief Executive Officer of Sharps, stated, As we anticipated, we experienced tremendous growth in the third quarter of fiscal 2021, as evidenced by record revenue and billings, significantly enhanced gross margin and greatly increased profitability. In March 2020 we launched several substantial infrastructure projects to support what we expected would be significantly increased demand, including: the... More
