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Medical Action Industries Reports Strong Second Quarter 2010 Fiscal Results

Fri, 06 Nov 2009 11:46:00 GMT

Medical Action Industries Inc. (NASDAQ/MDCI), a leading supplier of medical and surgical disposable products, today reported second quarter 2010 results highlighted by increases in both net income and gross margin versus the prior year period.
Net sales for the three months ended September 30, 2009 totaled $75,060,000, an increase of $1,236,000, or 1.7% above the $73,824,000 in net sales reported for the three months ended September 30, 2008.
"Medical Action's second quarter results reflect continued benefits from relative price stability in resin and products sourced from China-based vendors.

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Medical Action Industries Reports First Quarter 2010 Fiscal Results

Thu, 06 Aug 2009 11:53:00 GMT

Medical Action Industries Inc. (NASDAQ:MDCI), a leading supplier of medical and surgical disposable products, today reported first quarter 2010 results highlighted by stronger net income and gross margin versus the prior year period.
Net sales for the three months ended June 30, 2009 totaled $70,687,000 a decrease of $6,708,000, from the $77,395,000, in net sales reported for the three months ended June 30, 2008.
Medical Action continued to achieve gains in gross profit, with gross margin for the first quarter of 2010 reaching 23.9% versus 19.9% and 14.0%, respectively, for the previous two quarters, and 19.4% reported in the first quarter of 2009.

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Medical Action Industries 1st Quarter Earnings Call to Take Place on August 6, 2009

Thu, 23 Jul 2009 11:26:00 GMT

Medical Action Industries Inc. (NASDAQ:MDCI), announced today that it will hold a conference call to present financial results for the quarter ended June 30, 2009 on Thursday, August 6, 2009 at 10:00 a.m. (ET).[More...]

Medical Action Industries Reports Fourth Quarter and Fiscal 2009 Results

Thu, 04 Jun 2009 11:48:00 GMT

Medical Action Industries Inc. (NASDAQ:MDCI), a leading supplier of medical and surgical disposable products, today reported fourth quarter and fiscal 2009 results, with Chief Executive Officer and President Paul D. Meringolo citing improving business trends that he expects to continue in fiscal 2010.
Net sales for the three months ended March 31, 2009 totaled $72,856,000 an increase of $757,000 or 1%, over the $72,099,000 in net sales reported for the three months ended March 31, 2008.
Net income for the three months ended March 31, 2009 was $1,772,000 or $.11 per basic and diluted share versus $2,797,000 or $.18 per basic share ($.17 per diluted share), reported for the comparable three months of fiscal 2008.

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Medical Action Industries 4th Quarter and Year-End Earnings Call to Take Place on June 4, 2009

Thu, 21 May 2009 11:28:00 GMT

Medical Action Industries Inc. (NASDAQ:MDCI), announced today that it will hold a conference call to present financial results for the quarter and year ended March 31, 2009 on Thursday, June 4, 2009 at 10:00 a.m. (ET).[More...]

Medical Action Industries Reports Fiscal 2009 Third Quarter Results

Wed, 04 Feb 2009 11:25:00 GMT

Medical Action Industries Inc. (NASDAQ/MDCI), a leading supplier of medical and surgical disposable products, today reported the following results for the three and nine months of the 2009 fiscal year ended December 31, 2008:[More...]

Medical Action Industries Reports Higher Revenues for Fiscal 2009 Second Quarter

Thu, 06 Nov 2008 11:30:00 GMT

Medical Action Industries Inc. (NASDAQ/MDCI), a leading supplier of medical and surgical disposable products, today reported higher revenue for the three and six months ended September 30, 2008.[More...]

Medical Action Industries 2nd Quarter Earnings Call to Take Place on November 6, 2008

Thu, 23 Oct 2008 11:26:00 GMT

Medical Action Industries Inc. (NASDAQ/MDCI), announced today that it will hold a conference call to present financial results for the quarter ended September 30, 2008 on Thursday, November 6, 2008 at 10:00 a.m. (ET).[More...]

Medical Action Cancels Presentation at 2008 UBS Global Life Sciences Conference

Thu, 18 Sep 2008 20:26:00 GMT

Medical Action Industries Inc. (NASDAQ:MDCI), a leading supplier of medical and surgical disposable products, today announced that it will not be presenting at the 2008 UBS Global Life Sciences Conference, as previously scheduled at 8:30am Monday, September 22, 2008.[More...]

Medical Action Industries to Present in the 2008 UBS Global Life Sciences Conference

Tue, 09 Sep 2008 11:30:00 GMT

Medical Action Industries Inc. (NASDAQ/MDCI), a leading supplier of medical and surgical disposable products, today announced that it will be presenting at the 2008 UBS Global Life Sciences Conference to be held on September 22-25, 2008 at the Grand Hyatt New York. The Medical Action presentation will be webcast on Monday, September 22, 2008 at 8:30 a.m. (ET). The presentation by Medical Action’s CEO and President, Paul D. Meringolo, will be audio broadcast live and can be found by accessing the webcast link on the Medical Action website at: www.medical-action.com.[More...]