Sharps Compliance Corp. (SMED) Message Board

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Biotech / Medical : Sharps Compliance Corp. (SMED)

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From: JakeStraw	4/30/2014 8:15:42 AM
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Sharps Compliance Achieves 19.6% Increase in Fiscal Year 2014 Nine Month Revenue finance.yahoo.com Professional market billings increase 26% over prior year third quarter and up 36% over comparative trailing twelve month period driven by solid traction from inside and online sales channel and joint marketing alliance wins Pharmaceutical manufacturer market billings increase 56% over prior year third quarter and up 52% over comparative trailing twelve month period Strong growth and increased demand in the Environmental market Balance sheet remains solid with a cash balance of $14.4 million and working capital of $15.9 million Outlook for the June 2014 quarter looks strong with expected customer billings of at least $7.0 million Five new Patient Support Programs with Pharmaceutical Manufacturers to be launched over second half of calendar 2014 and during calendar 2015 "We believe the Company is very well positioned to take advantage of the changes in the delivery of healthcare from the traditional to the alternative site, the aging population and the need to save money in healthcare. Finally, we are the leading provider of innovative and customized programs for pharmaceutical manufacturers, which are designed to improve patient experience, medication adherence, increase patient compliance and create branding opportunities. The success of our programs is evidenced by the launching of two new programs during the second half of this calendar year and three new programs in calendar year 2015."

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