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.
- Sharps Compliance Corp. (NASDAQ:SMED) reported a fourth-quarter sales growth of 49.1% year-over-year to $18.7 million, misses the analyst consensus of $23.54 million.
- Customer billings increased by 38% Y/Y to $18.7 million. Professional market billings increased 44% Y/Y to $4.7 million, and Retail market billings grew 68% Y/Y to $9 million.
- Mailback billings grew 68% Y/Y to $12 million, driven by solid immunization-related orders.
- EPS improved to $0.29 from $0.13 in 4Q20, versus the consensus of $0.20.
- Sharps Compliance recorded a gain in Q4, related to forgiveness on a $2.2 million PPP Loan; excluding this gain, adjusted EPS would have been $0.17 for the quarter.
- The gross margin expanded by ten bps to 33.4%.
- The operating income increased to $1.99 million from $0.65 million a year ago, and the margin expanded by 540 bps to 10.6%.
- Adjusted EBITDA increased to $2.54 million from $0.953 million in 4Q20.
- The company’s cash balance as of June 30, 2021, stood at $27.8 million.
- Price Action: SMED shares are trading lower by 3.77% at $9.19 on the last check Wednesday.
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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