BNET Industries

Medical Action Industries Inc. (MDCI) is in the Health Care Industry

Revenue: Mar 31 2008; $290.5M

Profit: Mar 31 2008; $13.2M

Market Cap: Dec 03 2008; $137.0M

Latest News and Analysis

Medical Action Industries Reports Higher Revenues for Fiscal 2009 Second Quarter

Company Continues to Manage Impact of Commodity Prices and Efficiencies at Tennessee Plant HAUPPAUGE, N.Y. -- 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. Net sales...

Articles 2008-11-06
Medical Action Industries 2nd Quarter Earnings Call to Take Place on November 6, 2008

Medical Action Named By Forbes Magazine As One Of The Best Small Public Companies HAUPPAUGE, N.Y. -- 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...

Articles 2008-10-23
Medical Action Cancels Presentation at 2008 UBS Global Life Sciences Conference

HAUPPAUGE, N.Y. -- 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. "We regret the need to cancel...

Articles 2008-09-18
Medical Action Industries to Present in the 2008 UBS Global Life Sciences Conference

HAUPPAUGE, N.Y. -- 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...

Articles 2008-09-09
Medical Action Industries Reports Record Revenues for the Fiscal 2009 First Quarter

Company Anticipates Progress on Managing Impact of Rising Commodity Prices and Efficiency of Tennessee Plant HAUPPAUGE, N.Y. -- Medical Action Industries Inc. (NASDAQ/MDCI), a leading supplier of medical and surgical disposable products, today reported record revenue for the three months ended June 30, 2008. Net sales...

Articles 2008-08-07

Medical Action Industries 1st Quarter Earnings Call to Take Place on August 7, 2008

HAUPPAUGE, N.Y. -- 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, 2008 on Thursday, August 7, 2008 at 10:00 a.m. ET. Paul D. Meringolo, Medical Action's President and CEO further advised that...

Articles 2008-07-24
Medical Action Industries Reports Record Revenues and Record Earnings for the Fiscal Year Ended March 31, 2008

Increased Costs Continued to Impact Quarterly Results Thirteenth Consecutive Year of Record Revenue and Eleventh Consecutive Year of Record Net Income HAUPPAUGE, N.Y. -- Medical Action Industries Inc. (NASDAQ/MDCI), a leading supplier of medical and surgical disposable products, today reported record revenue and earnings for the...

Articles 2008-05-30
Long Island health care facilities announce staffing changes: May

Mather Memorial Hospital has hired nephrologist Xiaolei Zhu to its hospitalist staff. Zhu is also an assistant professor at the Department of Medicine at Stony Brook University Medical Center. James K. Ryan has been named senior vice president and chief operating officer at Our Lady of...

Articles 2008-05-23
Medical Action Industries Announces the Nomination of Kenneth W. Davidson to the Board of Directors

4th Quarter and Year-End Earnings Call to Take Place on May 30, 2008 HAUPPAUGE, N.Y. -- Medical Action Industries Inc. (NASDAQ/ MDCI), a leading supplier of medical and surgical products, announced today the nomination of Mr. Kenneth W. Davidson to the Board of Directors, to serve in Class...

Articles 2008-05-15
Medical Action Industries Announces the Hiring of a Chief Financial Officer

HAUPPAUGE, N.Y. -- Medical Action Industries Inc. (NASDAQ/ MDCI), a leading supplier of medical and surgical products, announced today that it has hired Charles L. Kelly as its Chief Financial Officer. A certified public accountant with over 25 years of financial management experience, including more than 10 years with a...

Articles 2008-04-02
Hospitals, Healthcare Providers Will Save with New Premier IV Site Management Products Agreements

CHARLOTTE, N.C. -- Premier Purchasing Partners, LP, today announced that contracts for IV site management products have been awarded to Cardinal Health 200 Inc. of McGaw Park, Ill.; LSL Industries Inc. of Chicago, a minority business enterprise; and Medical Action Industries Inc. of Hauppauge, N.Y. The contracts with...

Articles 2008-03-12
Tri-anim Appoints Acute Care National Director

Wireless News03-06-2008Tri-anim Appoints Acute Care National DirectorWIRELESS NEWS-March 6, 2008-Tri-anim Appoints Acute Care National Director C2008 10Meters - http://www.10meters.com Tri-anim, a provider of specialty sales and distribution solutions for healthcare, announced that Steve Cash has been named National Director of Acute Care. Cash brings over 25 years of management...

Articles 2008-03-06
Tri-anim Names Steve Cash as National Director of Acute Care

SYLMAR, Calif. -- Tri-anim, the nation's largest provider of specialty sales and distribution solutions for healthcare, announced today that Steve Cash has been named National Director of Acute Care. Steve brings over 25 years of management experience in healthcare, medical technology and surgical products. Recently, he had served...

Articles 2008-03-04
Medical Action Industries Reports Record Revenues for the Three and Nine Months Ended December 31, 2007

Quarterly Revenues Increase 14%; for the Nine Month Period Revenues Increase 48% HAUPPAUGE, N.Y. -- Medical Action Industries Inc. (NASDAQ/MDCI), a leading supplier of medical and surgical disposable products, today reported the highest revenue in its history for the three and nine months ended December 31, 2007. ...

Articles 2008-02-06
Medical Action Industries

Hauppauge, NY, Jan. 24 Atlanta District During an inspection of the firm's facility in Arden, NC Sept. 25-Oct. 9, an investigator from FDA determined that the medical procedure trays and kits the company manufactures are adulterated because the methods used in, or the facilities or controls used for,...

Articles 2008-02-01
Carpet warehouse on Long Island resuscitated by supply firm

This is the latest in LIBN's occasional series, "Abandoned LI" - about those commercial Island eyesores that never seem to find, or hold onto, the right tenant. Real estate brokers agree that the evolution of Long Island commercial space is tied to the ups and downs of...

Articles 2008-01-25
Medical Action Industries 3rd Quarter Earnings Call to Take Place on February 6, 2008

Medical Action Industries to Participate in Roth Capital Partners 20TH Annual Growth Conference HAUPPAUGE, N.Y. -- Medical Action Industries Inc. (NASDAQ:MDCI), announced today that it will hold a conference call to present financial results for the quarter ended December 31, 2007 on Wednesday, February 6, 2008 at 10:00...

Articles 2008-01-23
Medical Action Industries Reports Record Revenues and Increased Earnings for the Three and Six Months Ended September 30, 2007

Record Revenues Increase 71% and Earnings Increase 10% Quarterly Earnings Impacted by Manufacturing Inefficiencies in Medegen Division During Consolidation of Facilities HAUPPAUGE, N.Y. -- Medical Action Industries Inc. (NASDAQ/MDCI), a leading supplier of medical and surgical disposable products, today reported record revenue and increased net income...

Articles 2007-11-01
Medical Action Industries 2nd Quarter Earnings Call to Take Place on November 1, 2007

Medical Action Named By Forbes Magazine As One Of The Best Small Public Companies HAUPPAUGE, N.Y. -- 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, 2007 on Thursday, November 1, 2007 at...

Articles 2007-10-18
Medical Action Clarifies That the Patent Litigation of Medegen, Inc. is Unrelated to Its Acquisition of Medical Products Division Acquired in October 2006

HAUPPAUGE, N.Y. -- Medical Action Industries Inc. (NASDAQ/MDCI), a leading supplier of medical and surgical disposable products, today clarified that the recently announced decision by a U.S. Federal Court in a patent infringement case commenced by Medegen, Inc. is unrelated to the acquisition by Medical Action of the Medegen Medical...

Articles 2007-09-18

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Incorporated: 1977
CEO: Mr. Paul D. Meringolo

Medical Action Industries develops, manufactures, markets and supplies a range of disposable medical products. Co.'s products are marketed mainly to acute care facilities in domestic and certain international markets. In addition, Co.'s end-user markets include physician, dental and veterinary offices, out-patient surgery centers, long-term care facilities and laboratories. Co. is also a manufacturer and supplier of patient bedside products, containment of medical waste products, minor procedure kits and trays, sterile disposable operating room towels and sterile disposable laparotomy sponges. Co.'s products are marketed nationally by its direct sales personnel and health care distributors.