Sharps Technology 11/14/2023 Earnings Report

Sharps Technology EPS Results

• Actual EPS: -$1,122.00
• Consensus EPS: N/A
• Beat/Miss: N/A
• One Year Ago EPS: N/A

Sharps Technology Revenue Results

• Actual Revenue: N/A
• Expected Revenue: N/A
• Beat/Miss: N/A
• YoY Revenue Growth: N/A

Sharps Technology Announcement Details

• Date: 11/14/2023
• Time: N/A
• Conference Call Date: N/A
• Conference Call Time: N/A

Sharps Technology (NASDAQ:STSS) (NASDAQ:STSS) is an insurtech company specializing in technology-enabled subrogation recovery services for property and casualty insurers. The company’s flagship platform combines process automation, data analytics and digital workflow tools to help carriers and third-party administrators identify, manage and recover funds from liable third parties. By streamlining the subrogation lifecycle—from claim intake through recovery—Sharps delivers greater transparency, faster turnaround times and improved recovery rates for its clients.

Since its initial public offering in late 2021, Sharps Technology has focused on expanding its presence across the United States. Headquartered in Chicago, the company partners with regional and national insurers to integrate its platform into existing claims systems, ensuring compliance with industry regulations and data security standards. Sharps also offers customizable reporting and performance-tracking dashboards, enabling clients to monitor key metrics and drive continuous process improvements.

The Sharps leadership team brings together professionals with deep experience in insurance technology, claims management and legal services. Guided by a board with backgrounds in both traditional insurance and emerging insurtech markets, the company continues to invest in research and development aimed at enhancing automation capabilities, refining analytics models and broadening its suite of recovery solutions within the casualty insurance sector.