UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT

                     PURSUANT TO SECTION 13 or 15(d) OF THE
                         SECURITIES EXCHANGE ACT OF 1934

       Date of report (Date of earliest event reported): January 24, 2006
                                                         ----------------


                             Sharps Compliance Corp.
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               (Exact Name of Registrant as Specified in Charter)


         Delaware                         000-22390             74-2657168
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     (State or Other               (Commission File Number)   (IRS Employer
Jurisdiction of Incorporation)                              Identification No.)
                                                              
9350 Kirby Drive, Suite 300, Houston, Texas                77054
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   (Address of Principal Executive Offices)              (Zip Code)



       Registrant's telephone number, including area code: (713) 432-0300



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         (Former name or former address, if changed since last report.)

Check  the  appropriate  box  below  if the  Form  8-K  filing  is  intended  to
simultaneously  satisfy the filing obligation of the registrant under any of the
following provisions:

[_]  Written  communications  pursuant to Rule 425 under the  Securities Act (17
     CFR 230.425)

[_]  Soliciting  material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
     240.14a-12)

[_]  Pre-commencement   communications  pursuant  to  Rule  14d-2(b)  under  the
     Exchange Act (17 CFR 240.14d-2(b))

[_]  Pre-commencement   communications  pursuant  to  Rule  13e-4(c)  under  the
     Exchange Act (17 CFR 240.13e-4(c))






Item 2.02. Disclosure of Results of Operations and Financial Condition

On January 24, 2006,  the Company  announced its results of  operations  for the
three and six months ended December 31, 2005. A copy of the earnings  release is
attached as Exhibit 99.1.

The information in this Current Report is being furnished pursuant to Item 12 of
Form 8-K and shall not be deemed to be "filed" for the purposes of Section 18 of
the Securities Act of 1934, as amended,  and Section 11 of the Securities Act of
1933, as amended,  or otherwise  subject to the  liabilities of those  sections.
This  Current  Report will not be deemed an  admission  by the Company as to the
materiality  of any  information  in  this  report  that is not  required  to be
disclosed solely by Item 12. The Company does not undertake a duty to update the
information in this Current Report and cautions that the information included in
this  Current  Report is  current  only as of  January  24,  2006 and may change
thereafter.


Item 9.01. Financial Information, Pro Forma Financial Information and Exhibits


(a) Financial Information
    Not applicable.

(b) Pro Forma Financial Information
    Not applicable.

(c) Exhibits
    Exhibit          Description
    99.1             Press Release, dated January 24, 2006





                                    SIGNATURE



Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
Registrant  has  caused  this  current  report to be signed on its behalf by the
undersigned hereunto duly authorized.


                         SHARPS COMPLIANCE CORP.



DATE: January 24, 2006             By:  /s/  DAVID P. TUSA                
                                   -------------------------------------  
                                        Name: David P. Tusa               
                                        Title: Executive Vice             
                                        President, Chief Financial        
                                        Officer and Business Development  
                                   



                                INDEX TO EXHIBITS


Exhibit
Number                 Description
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99.1          Press Release, dated January 24, 2006