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Medical Action Industries Inc. (MDCI) Wrap Up:

Medical Action Industries Inc. (“Medical Action” or the “Company”) was incorporated under the laws of the State of New York on April 1, 1977, and re-incorporated under the laws of the State of Delaware on November 5, 1987. Headquartered in Hauppauge, New York, Medical Action develops, manufactures, markets and supplies a variety of disposable medical products. The Company’s products are marketed primarily to acute care facilities in domestic and certain international markets, and in recent years has expanded its end-user markets to include physician, dental and veterinary offices, out-patient surgery centers and long-term care facilities.  ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2007%2f06%2f11%2f0001193125-07-133322.html#FIS_BUSINESS"   
www.medical-action.com
854 Employees
Founded in 1977

Medical Action Industries Inc. (MDCI:NASDAQ)

LAST $11.99 USD
CHANGE TODAY +0.42 3.63%
VOLUME 60.1K
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Medical Action Industries Inc. (MDCI)

OPEN
$11.52
PREVIOUS CLOSE
$11.57
DAY HIGH
$12.00
DAY LOW
$11.48
52 WEEK HIGH
10/12/09 - $14.54
52 WEEK LOW
03/20/09 - $5.42
MARKET CAP
193.3M
AVERAGE VOLUME 3 mo
69.9K
DILUTED EPS TTM
--
SHARES OUTSTANDING
16.1M
MDCI Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

MDCI Top Compensated Officers

Mr. Paul D. Meringolo
Chairman of the Board, Chief Executive Office...
Age: 51
Total Annual Compensation: $500.0K
Mr. Charles L. Kelly Jr.
Chief Financial Officer
Age: 49
Total Annual Compensation: $279.5K
Mr. Eric Liu
Vice President of Operations
Age: 49
Total Annual Compensation: $282.2K

Executives, Board Directors

Compensation as of Fiscal Year 2009.

Key developments for Medical Action Industries Inc. (MDCI)

Medical Action Industries Inc. Announces Unaudited Financial Results for the Third Quarter and Nine Months Ended September 30, 2009

Medical Action Industries Inc. announced unaudited financial results for the second quarter and six months ended September 30, 2009. For the quarter, the company reported net sales of $75,060,000, income before income taxes of $6,623,000, net income of $3,987,000 or $0.25 per diluted share against net sales of $73,824,000, income before income taxes of $720,000, net income of $480,000 or $0.03 per diluted share a year ago. For the six months, the company reported net sales of $145,747,000, income before income taxes of $12,686,000, net income of $7,637,000 or $0.48 per diluted share against net sales of $151,219,000, income before income taxes of $4,825,000, net income of $3,026,000 or $0.19 per diluted share a year ago. Book value per share as on September 30, 2009 was $8.15 against $7.61 as on March 31, 2009.

Medical Action Industries Inc. expected to Report Q3 2010 Results on February 1, 2010. This event was calculated by Capital IQ (Created on November 6, 2009).

Medical Action Industries Inc. expected to Report Q3 2010 Results on February 1, 2010. This event was calculated by Capital IQ (Created on November 6, 2009).

Medical Action Industries Inc. Provides CapEx Guidance for the Fiscal Year 2010

Medical Action Industries Inc. provided CapEx guidance for the fiscal year 2010. The company announced that CapEx in at $4 million a year. The company going to amend that to put $5 million in this year, which well probably spend.

otc, otcbb, pinksheet, MDCI, ob Medical Action Industries Inc.

MDCI Competitors

Company Last Change
Becton Dickinson and Co $73.70 USD +0.24
Cardinal Health Inc $31.77 USD +0.18
Covidien PLC $45.65 USD +0.52
Derma Sciences Inc $0.70 USD +0.01
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation MDCI Industry Range
Price/Earnings 20.2x
Price/Sales 0.7x
Price/Book 1.5x
Price/Cash Flow 20.2x
TEV/Sales 0.5x

MDCI

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MDCI transactions

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More Recent News About Medical Action Industries Inc.

More news for MDCI

Q2 2010 Medical Action Industries Inc. Earnings Release - Before Market Open

Earnings Announcements for Friday, November 6CompanySymbolTimeConferenceCallA.C. Moore Arts & CraftsACMRBefore Market OpenAARHUSKARLSHAMN ABARHUF.PK02:30 am ETAastrom BiosciencesASTMTime Not SuppliedACE Aviation Holdings, Inc.ACE-A.TOBefore Market OpenAcetoACETBefore Market OpenAchillion Pharmaceuticals Inc.ACHNBefore Market OpenADVANCED CARD SYSTEMS HLDGS8210.HKTime Not SuppliedAdvanced Info Service PLCAVIFY.PKTime Not SuppliedAerCap Holdings N.V.AERBefore Market OpenListenAES CorporationAESBefore Market OpenListenAffirmative Insurance Holdings Inc.AFFMTime Not SuppliedAIRCASTLE LTDAYRBefore Market OpenListenAllied Healthcare ProductsAHPITime Not SuppliedALLIED TECHNOLOGIES LTDA13.SIAfter Market CloseALPIQ HOLDING LTDALPQF.PK01:00 am ETAmerican International GroupAIGBefore Market OpenAMERICAN OIL & GAS I...
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Medical Action Industries Second Quarter Earnings Call to Take Place on November 6, 2009

BRENTWOOD, N.Y.--(BUSINESS WIRE)--Medical Action Industries Inc. (NASDAQ: MDCI - News), announced today that it will hold a conference call to present financial results for the quarter ended September 30, 2009 on Friday, November 6, 2009 at 10:00 a.m. (ET). Paul D. Meringolo, Medical Action’s President and CEO further advised that our results of operations for the quarter ended September 30, 2009 are scheduled to be released on Friday, November 6, 2009 before the market opens. A conference call will be conducted by Mr. Meringolo and Mr. Charles L. Kelly, Chief Financial Officer, to discuss Medical Action’s financial results.The conference call will be simultaneously webcast on our website: www.medical-action.com. The dial-in number for the conference call is domesticinternational); conference ID #34393624. The complete call and discussion will be available for replay on our website beginning at 1:00 p.m. (ET) on November 6, 2009.Medical Action is a diversified manufacturer and distributor of disposable medical devices and a leader i...
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MEDICAL ACTION INDUSTRIES INC Files SEC form 8-K, Change in Directors or Principal Officers

Show all filings for MEDICAL ACTION INDUSTRIES INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for MEDICAL ACTION INDUSTRIES INC 5-Oct-2009Change in Directors or Principal Officers Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informa...
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Medical Action Industries Reports Strong Second Quarter 2010 Fiscal Results

MEDICAL ACTION INDUSTRIES INC. Financial Highlights (dollars in thousands, except per share data)     For the Three Months Ended September 30,   For the Six Months Ended September 30, 2009   2008 2009   2008 (Unaudited) (Unaudited) Statements of Operations: Net sales $ 75,060 $ 73,824 ...
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Medical Action Industries Inc. Q2 2010 Earnings Call Transcript

Medical Action Industries Inc. (MDCI) Q2 2010 Earnings Call November 6, 2009 10:00 am ET Executives Paul D. Meringolo - Chairman of the Board, President, Chief Executive Officer Charles L. Kelly Jr. - Chief Financial Officer Analysts Matthew Dolan - Roth Capital Partners, LLC Mitra Ramgopal - Sidoti & Co. Stephen Freedman Gerry Heffernan - Lord Abbett and Company Presentation Operator Good morning ladies and gentlemen my name is Stephanie and I will be your conference operator today. At this time I would like to welcome everyone to the Medical Action Industries Second Quarter 2010 Earnings Conference Call. (Operator Instructions). I will now turn today’s call over to Mt. Charles Kelly, Chief Financial Officer. Thank you. Sir, you may begin your conference. Charles Kelly Thank you, Stephanie. Good morning and thank you for holding. With me on this call are Paul Meringolo, CEO and President of Medical Action Industries. The primary purpose of this call is to discuss our results for the three and six months ended September 30, 2009, which were released this morning. As you know we must first touch all of the legal bases by noting that our commentary and responses to your questions may include forward-looking statements. These forward-looking statements are subject to a number of risks and uncertainties discussed in detail in our annual report on Form 10-K, annual report to stockholders and our quarterly reports on Form 10-Q, all of which have been filed with the Securities and Exchange Commission. The company’s actual results could differ materially from those projected or assum...
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MEDICAL ACTION INDUSTRIES INC Files SEC form 8-K, Regulation FD Disclosure, Financial Statements and Exhibits

Show all filings for MEDICAL ACTION INDUSTRIES INC | Request a Trial to NEW EDGAR Online Pro Form 8-K for MEDICAL ACTION INDUSTRIES INC 6-Nov-2009Regulation FD Disclosure, Financial Statements and Exhibits Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provi...
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Medical Action Industries Inc. Earnings Call scheduled for 10:00 am ET today

Call DetailsMedical Action Industries Inc. Earnings Conference Call (Q2 2010)Fri, Nov 6, 2009, 10:00 am EasternAbout Medical Action Industries Inc. (NasdaqGS:MDCI)Medical Action Industries Inc. and its subsidiaries develop, manufacture, market, and supply disposable medical products in the United States. Its products include patient bedside utensils, such as wash basins, bedpans, pitchers and carafes, urinals, and emesis basins; and minor procedure kits and trays comprise I.V. start kits, central line dressing trays, suture removal trays, laceration trays, and instruments and instrument trays. The company also offers containment systems for medical waste, including biohazardous waste containment and autoclave bags, non-infectious medical waste containment bags, chemotherapy waste containment bags, laundry and linen containment systems and disposable bags, laboratory specimen transport bags, patient belonging bags, sharps containment systems, and equipment dust covers. Its operating room disposables and sterilization products comprise disposable operating room towels, surgical marking pens, needle counters, disposable surgical light handle covers, convenience kits, surgical headwear and shoe covers, isolation gowns, sterilization pouches, sterilization monitoring products, patient aids, crutches, walkers, canes, and patient slippers; and dressings and surgical sponges consist of burn dressings, disposable laparotomy sponges, specialty surgical sponges, gauze sponges, sponge counting systems, net, and padding and wound care products. In addition, the company provides laboratory products, such as petri dishes, specimen containers, commode specimen collectors, triangular graduates, and tri-pour beakers. It serves acute care facilities; physician, dental, and veterinary offices; out-patient surgery centers; long-term care facilities; and laboratories. Medical...
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MEDICAL ACTION INDUSTRIES INC Financials

PERIOD ENDING30-Sep-0930-Jun-0931-Mar-0931-Dec-08Total Revenue75,060  70,687  72,856  71,995  Cost of Revenue57,831  53,765  58,326  61,912  Gross Profit17,229  16,922  14,530  10,083  Operating ExpensesResearch Development -   -   -   -  Selling General and Administrative10,243  10,389  10,891  8,886  Non Recurring -   -   -   -  Others -   -   -   -  Total Operating Expenses -   -   -   -  Operating Income or Loss6,986  6,533  3,639  1,197  Income from Continuing OperationsTotal Other Income/Expenses Net1   -  1   -  Earnings Before Interest And Taxes6,987  6,533  3,640  1,197  Interest Expense364  470  621  945  Income Before Tax6,623  6,063  3,019  252  Income Tax Expense2,636  2,413  1,247  95  Minority Interest -   -   -   -  Net Income From Continuing Ops3,987  3,650  1,772  157  Non-recurring EventsDiscontinued Operations -   -   -   -  Extraordinary Items -   -   ...
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New Star Analyst Rankings for Medical Action Industries Inc.

Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service - Copyright/IP Policy - Send Feedback Quotes delayed, except where indicated otherwise.Delay times are 15 mins for NASDAQ, 20 mins for NYSE and Amex. See also delay times for other exchanges.Copyright © 1999-2003, StarMine Corp. All rights reserved.StarMine Corp. derives analyst ratings from estimate and recommendation data supplied by Thomson Financial.Historical chart data and daily updates provided by Commodity Systems, Inc. (CSI). International historical chart data, daily updates, fund summary, fund performance, dividend data and...
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