HOUSTON (AP) _ Sharps Compliance Corp. (SMED) on Wednesday reported fiscal fourth-quarter earnings of $2.2 million.

The Houston-based company said it had profit of 13 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share.

The medical waste management company posted revenue of $12.6 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $12.8 million.

For the year, the company reported profit of $2.3 million, or 14 cents per share. Revenue was reported as $51.1 million.

Sharps Compliance shares have increased 100% since the beginning of the year. The stock has more than doubled in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SMED at https://www.zacks.com/ap/SMED

Automated Insights, source Associated Press News