Sharps Compliance Corp. (SMED)

[gilead23]

They did 3 million of the 40 million this Q which was a surprise. Margins rocked.

Also looks like they recognized income tax expense if I am guessing correctly.

Also had this bit

"The Company expects to launch its next patient compliance and persistency support program with a major pharmaceutical manufacturer during the quarter ending June 30, 2009. The program will be an integral part of a new indication of an existing self-injected drug and is expected to contribute approximately $500 thousand to the Company's fourth quarter revenue."

Sounds like the meat of that 40 million contract won't ramp up for 2 quarters however when it does you ought to see eps in the .15 to .20 range. the cc should be interesting.