Bovie Medical Corp. (BVX), a manufacturer and marketer of electrosurgical products, reported that its fourth-quarter net income was $285,000 or $0.02 per share, compared to a loss of $875,000 or $0.05 per share in the year ago quarter.
The prior year quarter result included a $1.59 million expense for the transfer of inventory and intellectual property related to a legal settlement.
Revenues for the quarter were $6.8 million versus $6.2 million in the comparable period last year.
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