Sharps Compliance Reports Fiscal 2020 Third Quarter Results
Sharps Compliance Corp. (SMED)
Last sharps compliance corp. earnings: 4/28 06:55 am
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US:NASDAQ Investor Relations:
investor.sharpsinc.com
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Source: GlobeNewswire
Third quarter 2020 revenue of $10.4 million, an increase of 10% over prior yearUnused medications billings grew 24%Route-based billings increased 16%Billings increased in several key markets including Retail at 46%, Professional at 6% and Assisted Living at 20%Increasing medical waste processing capacity from 10 million to 27 million pounds per year by September 2020Preparing for strong flu and potential COVID-19 immunization seasons through a significant increase in inventory of medical waste mailbacks and additional distribution facility spaceRoute-based business footprint extends to 32 states, or 70% of the population, significantly increasing the Company’s pipeline of larger small and medium quantity generator new prospect opportunities HOUSTON, April 28, 2020 (GLOBE NEWSWIRE) -- Sharps Compliance Corp. (NASDAQ: SMED) (“Sharps” or the “Company”), a leading full-service national provider of comprehensive waste management solutions including medical, pharmaceutical and hazardous,
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