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Sharps Compliance Corp. Announces 20% Growth in Customer Billings for Second Quarter of Fiscal Year 2008
Date:2/4/2008

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

LIABILITIES AND STOCKHOLDERS' EQUITY:

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

SHARPS COMPLIANCE CORP. AND SUBSIDIARIES

Supplemental Customer Billing and Revenue Information

(unaudited)

Three Months Ended Six Months Ended

December 31, December 31,

2007 2006 % Change 2007 2006 % Change

BILLINGS BY MARKET:

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
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SOURCE Sharps Compliance Corp.
Copyright©2008 PR Newswire.
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