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Bovie: 3Q Earnings Snapshot

CLEARWATER, Fla. (AP) _ Bovie Medical Corp. (BVX) on Thursday reported third-quarter net income of $69.2 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Clearwater, Florida-based company said it had profit of $1.98. Losses, adjusted to account for discontinued operations, came to 1 cent per share.

The medical device maker posted revenue of $3.7 million in the period.

Bovie expects full-year revenue in the range of $15.8 million to $16.2 million.

Bovie shares have more than doubled since the beginning of the year. In the final minutes of trading on Thursday, shares hit $5.55, an increase of 40 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BVX at https://www.zacks.com/ap/BVX