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Sharps Compliance Corp. Announces 20% Growth in Customer Billings for Second Quarter of Fiscal Year 2008

201,405 186,101

Total current assets 4,819,611 4,024,999

Property and equipment, net 743,436 590,567

Intangible assets, net 116,376 75,002

Total assets $5,679,423 $4,690,568


Current liabilities:

Accounts payable $857,188 $557,302

Accrued liabilities 320,299 613,851

Current portion of deferred revenue 1,008,108 883,678

Current maturities of capital lease

obligations - 1,809

Total current liabilities 2,185,595 2,056,640

Long-term deferred revenue 451,231 392,803

Other 70,500 72,000

Total liabilities 2,707,326 2,521,443

Stockholders' equity:

Total stockholders' equity 2,972,097 2,169,125

Total liabilities and

stockholders' equity $5,679,423 $4,690,568


Supplemental Customer Billing and Revenue Information


Three Months Ended Six Months Ended

December 31, December 31,

2007 2006 % Change 2007 2006 % Change


Health Care $1,933,695 $1,899,277 1.8% $3,852,959 $3,716,863 3.7%

Pharmaceutical 491,157 41,770 1075.9% 498,342 56,933 775.3%

Retail 315,115 238,850 31.9% 1,000,551

SOURCE Sharps Compliance Corp.
Copyright©2008 PR Newswire.
All rights reserved

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