Sharps Compliance Corp. (SMED) reported quarterly earnings results on Wednesday, Apr-27-2016. The company reported $-0.07 earnings per share for the quarter, missing the analyst consensus estimate by $-0.04. Analysts had a consensus of $-0.03. The company posted revenue of $6.70 million in the period, compared to analysts expectations of $7.22 million. The company’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.05 EPS.
Many Wall Street Analysts have commented on Sharps Compliance Corp.. Sharps Compliance Corp. was Initiated by Craig Hallum to “Buy” on Feb 29, 2016.
Sharps Compliance Corp. closed down -0.11 points or -1.87% at $5.77 with 20,565 shares getting traded on Friday. Post opening the session at $5.92, the shares hit an intraday low of $5.7601 and an intraday high of $5.92 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.
In a different news, on Sep 14, 2015, Khairan M Aladwani (V. P. of Quality Control) sold 4,000 shares at $8.50 per share price. According to the SEC, on Sep 11, 2015, David P Tusa (CEO and President) sold 7,500 shares at $9.05 per share price. On Sep 10, 2015, Brandon Beaver (Senior Vice-President of Sales) sold 22,500 shares at $8.45 per share price, according to the Form-4 filing with the securities and exchange commission.
Sharps Compliance Corp. is a service provider of waste management services including medical pharmaceutical and hazardous. The Companys solutions facilitate the proper collection containment transportation and treatment of numerous types of healthcare-related materials including hypodermic needles lancets and other devices or objects used to puncture or lacerate the skin or sharps and unused consumer dispensed medications and over-the-counter drugs. The Company serves customers in multiple markets such as home health care retail clinics and immunizing pharmacies pharmaceutical manufacturers professional offices assisted living and long-term care Government consumers commercial and agriculture as well as distributors to markets. The Companys solutions include Sharps Recovery System TakeAway Environmental Return System ComplianceTRAC Route-Based Pick-Up Service Universal Waste Shipback Systems and other solutions.