RTTNews | Jan 28, 2021 07:44AM EST

07:44 Thursday, January 28, 2021 (RTTNews.com) - Sharps Compliance Corp. (SMED) released a profit for its second quarter that increased from the same period last year.

The company's profit came in at $1.23 million, or $0.07 per share. This compares with $0.97 million, or $0.06 per share, in last year's second quarter.

Analysts had expected the company to earn $0.07 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 16.7% to $17.01 million from $14.57 million last year.

Sharps Compliance Corp. earnings at a glance:

-Earnings (Q2): $1.23 Mln. vs. $0.97 Mln. last year.-EPS (Q2): $0.07 vs. $0.06 last year.-Analysts Estimate: $0.07-Revenue (Q2): $17.01 Mln vs. $14.57 Mln last year.

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