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Bovie Medical reports profts dip in 2009

Bovie Medical Corp. of Melville, electrosurgical products manufacturer

Year: Ended Dec. 31

Net income: Profit of $595,000, compared with profit of $1.8 million last year.

Net revenues: $27 million compared to $28 million a year ago.

Company statement: The decline in revenues during 2009 was primarily attributable to a general slowdown in purchasing by hospitals and physicians' offices caused by the current economy and political uncertainty surrounding the medical industry.


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