Bovie Medical (BVX) Tops Q4 EPS by 1c

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Go back to Bovie Medical (BVX) Tops Q4 EPS by 1c

Bovie Medical Corporation Reports Fourth Quarter and Full Year 2015 Results

March 17, 2016 4:01 PM EDT

2015 Highlights

Sales increased 6.6% to $29.5 million Gross margin expanded 180 basis points to 42.4%, from adjusted gross margin of 38.7% in 2014 J-Plasma® sales reached $1.3 million, up from $209,000 in 2014 Higher OEM activity in 2015 should benefit 2016 results

J-Plasma® Operating Metrics

81 generators-in-use at end of 2015, up from 18 at end of 2014 61 additional Scrub Purchase Orders (POs) in the fourth quarter; full year Scrub POs totaled 182 151 surgeons using J-Plasma® at year-end, up from 32 at end of 2014... More