Bovie Medical Corporation

Bovie Medical Corporation Reports Financial Results for First Quarter 2007

Published in Law and Health Weekly, June 2nd, 2007

Bovie Medical Corporation (the "Company") (Amex: BVX), a manufacturer and marketer of electrosurgical products, announced its financial results for the first quarter ended March 31, 2007.

Revenues for the first three months increased 11.5% to a first quarter record $6.7 million versus $6.0 million recorded for the first quarter 2006. Net income for the first quarter was $580,187 or $.03 per diluted share (including additional income tax benefit of approximately $160,000) on 17,844,626 shares compared to $690,130 or $.04 per diluted share on 16,602,713 shares for the comparable period last year. The decrease in net income was due to increased costs related to acquiring...

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Source: Law and Health Weekly (2007-06-02)

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