| Business Summary | | Bovie
Medical
Corporation
is
actively
engaged
in
the
business
of
manufacturing
and
marketing
medical
products
and
developing
related
technologies.
Aaron
Medical
Industries,
Inc.,
a
100%-owned
subsidiary,
is
engaged
in
the
marketing
and
distributing
of
medical
products.
Although
its
largest
current
product
line
is
battery-operated
cauteries,
the
Company
has
shifted
its
focus
to
the
manufacture
and
marketing
of
electrosurgical
generators
and
electrosurgical
disposables.
The
Company
also
manufactures
a
variety
of
specialty
lighting
instruments
for
use
in
ophthalmology,
general
surgery,
hip
replacement
surgery
and
for
the
placement
of
endotracheal
tubes. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Bovie
Medical
Corporation
is
engaged
in
the
engineering,
manufacturing
and
marketing
of
electrosurgical
medical
products.
For
the
three
months
ended
3/31/01,
revenues
increased
26%
to
$2.7
million.
Net
income
rose
51%
to
$86
thousand.
Revenues
reflect
an
increase
in
sales
of
cauteries
and
electrosurgical
devices.
Earnings
also
reflect
a
decrease
in
professional
services
attributable
to
lower
professional
fees
associated
with
legal
matters. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
2,810;
after
tax
earnings
were
103. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| Officers | | | FY1999 Pay | |
| Andrew Makrides, 58 Pres,
CEO and Chairman | $128K | Nancy Keller, 51 CFO,
Controller | 44K | J. Robert Saron, 47 Director;
Pres of Aaron | 184K | Moshe Citronowicz, 47 Exec.
VP and Chief Operating Office | 133K | Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|