Recap: Sharps Compliance Q1 Earnings


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Shares of Sharps Compliance (NASDAQ:SMED) decreased 15.6% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 150.00% year over year to ($0.02), which missed the estimate of $0.04.

Revenue of $13,151,000 decreased by 3.29% from the same period last year, which missed the estimate of $14,980,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Details Of The Call

Date: Oct 27, 2020

Time: 11:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/fqu92nqw

Recent Stock Performance

Company's 52-week high was at $8.99

52-week low: $3.74

Price action over last quarter: down 33.50%

Company Description

Sharps Compliance Corp is a United States-based provider of waste management services including medical, pharmaceutical and hazardous. It offers a range of services including, Sharps Recovery System, TakeAway Medication Recovery System, MedSafe, Route-Based Pickup Service, TakeAway Recycle System, ComplianceTRAC, Universal Waste Ship back Systems and other solutions. It also offers route-based pickup service in regions of the Northeast portion of the United States as well as in Texas and Louisiana.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsNews