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Bovie Medical Corporation Announces Fiscal Year 2012 Financial Results
Date:4/1/2013

riods

(in thousands, except for per share amounts)Three Months Ended
December 31 (Unaudited)

Year Ended

December 312012

2011

2012

2011Revenues

$6,827

$6,158

$27,671

$25,411Cost of Sales

4,040

3,512

16,338

14,680Gross Profit

2,787

2,646

11,333

10,731Gain (loss) on legal settlement

--

--

--

750Costs & Expenses

2,659

2,457

10,287

9,908Legal Settlement

--

1,591

--

1,591Income (loss) from operations

128

(1,402)

1,046

(18)Other income (expense)Interest (net of expense)

(58)

(96)

(232)

(237)Other Gain (loss)

128

106

20

287Income (loss) before income taxes

198

(1,392)

834

32Benefit (provision) for deferred income taxes

87

517

(217)

77Net Income (loss)

$285

(875)

$617

$109EPS (loss) Basic

0.02

(0.05)

$0.04

$0.01EPS (loss) Diluted

0.02

(0.05)

$0.03

$0.01Weighted average shares Outstanding-Basic

17,638

17,614

17,631

17,597Weighted average shares adjusted for dilutive securities

17,830

17,614

17,787

17,669
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SOURCE Bovie Medical Corporation
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