Sharps Compliance Corp. Q4 Income Declines 79%

(RTTNews) - Sharps Compliance Corp. (SMED) released a profit for fourth quarter that declined from last year.

The company said its bottom line declined to $0.26 million, or $0.02 per share. This was lower than $1.23 million, or $0.08 per share, in last year's fourth quarter.

The company said revenue for the quarter fell 1.3% to $8.87 million. This was down from $8.99 million last year.

Sharps Compliance Corp. earnings at a glance:

-Earnings (Q4): $0.26 Mln. vs. $1.23 Mln. last year. -Earnings Decline (Y-o-Y): -78.9% -EPS (Q4): $0.02 vs. $0.08 last year. -EPS Decline (Y-o-Y): -75.0% -Revenue (Q4): $8.87 Mln vs. $8.99 Mln last year. -Revenue Change (Y-o-Y): -1.3%