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Surgery equipment maker says profit up, slightly

Bovie Medical's Aaron 950 electrosurgery unit.

Bovie Medical's Aaron 950 electrosurgery unit. Credit: Handout

The Melville electrosurgery equipment maker Bovie Medical Corp. increased its profit in its most recent quarter, the company said. The improvement came in spite of a downturn in sales when an electrosurgery customer reduced its orders.

Bovie reports net income of $63,000, on sales of $6.25 million for the quarter ended Sept. 30, compared to income of $4,000 on sales of $6.5 million in the same quarter last year. 

The decrease in surgical sales was partly offset by revenue from a new line of medical lighting products, Bovie said.

Bovie Medical president J. Robert Saron said the company expects "meaningful growth in several areas including government sales and our new line of lighting, as well as gaining positive traction in the veterinary market."

Saron said the company will show its products at a medical convention in Dusseldorf, Germany, this week, and will also attend an exhibition in January at a Dubai convention.

Saron was named president of Bovie Medical in March, taking over that job title from Andrew Makrides.

Makrides remained as chief executive and chairman of the company board.

Photo:  Bovie Medical's Aaron 950 electrosurgery unit.

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