RTTNews | Jan 26, 2022 06:59AM EST

06:59 Wednesday, January 26, 2022 (RTTNews.com) - Sharps Compliance Corp. (SMED) reported a profit for second quarter in line with the Street estimates.

The company's bottom line totaled $1.44 million, or $0.07 per share. This compares with $1.23 million, or $0.07 per share, in last year's second quarter.

Analysts on average 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 11.0% to $18.88 million from $17.01 million last year.

Sharps Compliance Corp. earnings at a glance (GAAP) :

-Earnings (Q2): $1.44 Mln. vs. $1.23 Mln. last year.-EPS (Q2): $0.07 vs. $0.07 last year.-Analyst Estimates: $0.07-Revenue (Q2): $18.88 Mln vs. $17.01 Mln last year.

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