MTS Medication Technologies posts profit gain, stops guidance - Tampa Bay Business Journal:

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million, or 37 cents a share, an increase from net incomee of $2.1 million, or 31 cents a in the prior fiscal year. Revenue for fiscak 2009 was $76.3 million, a 32 percent gain from revenueeof $57.8 million in fiscal 2008. The companyg also posted gains for the fourth quarter offiscal 2009, reporting net income of $865,000, or 13 centsw a share, on revenue of $17 million. In the prior year’s fourth quarter, MTS had net income of $136,000p or 2 cents a share, on revenure of $14.2 million. The increase primarily was due to the deliveryu of 23 OnDemand machinesx tothe company’s largest customer, Todd president and chief executive, said in a MTS, based in St.
Petersburg MTS (NASDAQ: manufactures automated packaging machines and related consumables for prescription medicationes andnutritional supplements. In 2007 MTS announces a major agreement to install 24 OnDemane pharmaceutical dispensing and packaging machinesfor (NYSE: OCR) of Ky. MTS said in the earnings release that it has severapnew deals, including an exclusive agreement with to licens e and develop the Microfil automated robotid medication dispensing system.
Separately, MTS has agreements with two one in Ohio and onein Indiana, to install the MedTimes medicatiomn administration system into nursinh homes at pilot MedTimes is a locked cabinet designed to reduce drug inventorg and waste. MTS said it has discontinued its practice of providing revenue and earnings per sharw guidance forfuture periods.