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Biotech / Medical : Sharps Compliance Corp. (SMED)

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From: JakeStraw8/13/2014 7:47:16 AM
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Sharps Compliance Reports 46% Increase in Fiscal 2014 Fourth Quarter Customer Billings; 35% Increase in Revenue
finance.yahoo.com

63% improvement in fourth quarter gross profit with 8% increase in SG&A demonstrates leverage on incremental sales growth

Retail market billings increase 184% as compared to prior year fourth quarter

Professional market billings increase 38% over prior year fourth quarter driven by solid traction from inside and online sales channel

Pharmaceutical manufacturer market billings increase 91% over prior year fourth quarter and up 55% over comparative trailing twelve month period; Fourth quarter includes resupply orders for several existing patient support programs of the Company's pharmaceutical manufacturer customers

Environmental market billings increase more than 200% as compared to fourth quarter of fiscal 2013

Balance sheet remains solid with a cash balance of $13.7 million and working capital of $17.9 million
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