Sharps Compliance Corp. Announces Rise In Q2 Earnings

(RTTNews) - Sharps Compliance Corp. (SMED) reported a profit for its second quarter that rose from last year.

The company's earnings came in at $0.78 million, or $0.05 per share. This compares with $0.16 million, or $0.01 per share, in last year's second quarter.

Analysts had expected the company to earn $0.04 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 11.4% to $12.39 million from $11.12 million last year.

Sharps Compliance Corp. earnings at a glance:

-Earnings (Q2): $0.78 Mln. vs. $0.16 Mln. last year. -EPS (Q2): $0.05 vs. $0.01 last year. -Analysts Estimate: $0.04 -Revenue (Q2): $12.39 Mln vs. $11.12 Mln last year.