BRENTWOOD, N.Y., Aug. 1, 2013 (GLOBE NEWSWIRE) -- Medical Action Industries Inc. (the "Company") (Nasdaq:MDCI), a leading supplier of medical and surgical disposable products, today reported financial results for the first quarter ended June 30, 2013, including net sales of $107.2 million and gross profit of $17.7 million or 16.5% of net sales. The Company generated net income of $0.3 million or $0.02 per diluted share and EBITDA, as adjusted of $4.5 million. The reported gross profit, net income and EBITDA, as adjusted results represent increases versus the comparable results for the same period of fiscal year 2013.
Medical Action Industries Reports First Quarter Fiscal Year 2014 Results
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