Navigation Links
Dynatronics' Second Quarter Profits Jump 204%
Date:2/13/2013

SALT LAKE CITY, Feb. 13, 2013 /PRNewswire/ -- Dynatronics Corporation (NASDAQ: DYNT) today announced results for its fiscal second quarter and six months ended December 31, 2012.

Net income for the quarter ended December 31, 2012, tripled to $140,983 ($.06 per common share), compared to $46,334 ($.02 per common share) for the same quarter in the prior fiscal year.  Net income for the six months ended December 31, 2012, increased to $89,839 ($.04 per common share), compared to a net loss of $21,926 ($.01 per common share) for the same period in the prior fiscal year.

Sales for the fiscal second quarter ended December 31, 2012, declined 3.3 percent to $7,998,319, compared to $8,275,430 for the quarter ended December 31, 2011.  Sales for the six months ended December 31, 2012, declined 6.6 percent to $15,204,345, compared to $16,272,232 for the six months ended December 31, 2011. In addition to generally sluggish demand for capital equipment, the decrease in sales during the three and six months ended December 31, 2012 is due in part to one large customer discontinuing operations in early 2012 and a manufacturer who limited the availability of its products for distribution.

"The 204 percent jump in net profit for the quarter ended December 31, 2012, resulted from the introduction of the new SolarisPlus product line, together with our strategy to effectively reduce expenses and improve operating efficiencies," said Kelvyn H. Cullimore Jr. , chairman and president of Dynatronics. "During the reporting quarter and six months ended December 31, 2012, we reduced our SG&A and R&D costs by approximately $259,600 and $585,400 respectively by implementing a cost reduction program to optimize our operations."

For three decades, Dynatronics has been a leader in innovation in the physical medicin
'/>"/>

SOURCE Dynatronics Corporation
Copyright©2012 PR Newswire.
All rights reserved

0

GOOD

Page: 1 2 3 4

Related medicine technology :

1. Dynatronics To Release Fiscal Third Quarter Results Tuesday, May 15, 2012; Conference Call set for 3:30 p.m. ET
2. Dynatronics Introduces New SolarisPlus Line of Therapy Products
3. Dynatronics Will Request Hearing with Nasdaq Regarding Listing Status
4. Dynatronics To Release Fiscal First Quarter Results Wednesday, November 14, 2012; Conference Call set for 4:30 p.m. ET
5. Dynatronics Announces First Quarter Results
6. Dynatronics To Release Fiscal Second Quarter Results Wednesday, February 13, 2013; Conference Call set for 3:00 p.m. ET
7. Rapid Fire Marketing Funds Development of Second Generation Vapor Inhaler
8. Varian Medical Systems Reports Results for Second Quarter of Fiscal Year 2012
9. Avanir Pharmaceuticals Announces Date Of Fiscal 2012 Second Quarter Financial Results And Conference Call
10. The Female Health Company Reports Second Quarter Operating Results
11. Winner Medical Group Inc. to Host Second Quarter 2012 Earning Conference Call on Thursday, May 10, 2012 at 9:00 p.m. EDT
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:5/17/2013)... , May 17, 2013 The power of ... important ways in which mankind depends on the plant ... Garden,s multifaceted exhibition Wild Medicine: Healing ... on view from May 18 through September 8, ... The featured exhibition,s many attractions include a re-creation ...
(Date:5/17/2013)... May 17, 2013  Orexigen® Therapeutics, Inc. (Nasdaq: ... overview at the UBS Global Healthcare Conference in ... May 22 nd at 11 a.m. Eastern Time. To ... presentation, please visit the Investor Relations section of the Company,s ... available for 14 days after the event. About ...
(Date:5/17/2013)... CHAMPAIGN, Ill. , May 17, 2013  Sony ... new Sony SP6800 Spectral Analyzer (SP6800).  Sony will be ... 2013, which will be held at the ... San Diego, California , from May 20 - ... Sony,s second analytical system, incorporating commercial audio-visual technologies into ...
Breaking Medicine Technology:Wild Medicine On View at The New York Botanical Garden Through Sept. 8 2Sony Biotechnology Inc.'s New Technology for Science Provides Researchers Results in Color 2
... Mich., Jan. 23, 2012  Researchers at the University of ... and found that less expensive, more effective tests are ... of patients receiving neuropathy diagnoses undergo high-cost, low-yield MRIs ... according to the study that will be published Jan. ...
... FALLS, N.Y., Jan. 23, 2012  Niagara Thermal Products LLC ... & Sons, Inc. The acquisition brings together two highly ... value custom thermal solutions in the aerospace, defense and ... ) "The addition of Kittredge,s industry recognized ...
Cached Medicine Technology:Neuropathy Patients More Likely to Receive High-cost, Low-yield Screening Instead of More Effective Tests 2Neuropathy Patients More Likely to Receive High-cost, Low-yield Screening Instead of More Effective Tests 3Niagara Thermal Products LLC Announces the Acquisition of J. Kittredge & Sons, Inc. 2Niagara Thermal Products LLC Announces the Acquisition of J. Kittredge & Sons, Inc. 3
(Date:5/18/2013)... Adolescents, especially young males, who experiment ... “K2” are landing in emergency rooms across America. ... epidemic with a new treatment program for those ... research from the National Institute on Drug Abuse, synthetic ... American teenagers. In 2012, 11 percent of high school ...
(Date:5/18/2013)... Rio Salon and Spa, a ... renovation that features tranquil, Eastern Asian influenced furnishings, decorative ... up, this Morro Bay day spa and ... and comfortable spa beds. Additional salon stations and new ... machine. The shampoo area has been upgraded and ...
(Date:5/18/2013)... Stow, Ohio (PRWEB) May 18, 2013 ... 40th Annual Conference, on May 17-22 in Austin, ... associates gather for educational and networking opportunities. ... cleaning brushes, flexible scope repair capabilities ... presented with valuable educational information on proper instrument ...
(Date:5/18/2013)... Wine World Accessories, a renowned online store ... attractive 25% discount on Franmara Dynamo Electric Wine ... purchase this electric corkscrew opener for $44.95 via Wine ... online store ensures delivery of their items within 1-2 ... , A spokesperson from the online store elaborates the ...
(Date:5/18/2013)... UT (PRWEB) May 18, 2013 Medical device ... orders for its much anticipated mobility aid with its namesake, ... create a hands-free crutch alternative that injured individuals ... broken ankle, for example, can remain active and walk during ... is using its reservation system to ensure those who need ...
Breaking Medicine News(10 mins):Health News:Spice Addiction Treatment and Synthetic Marijuana Drug Rehab Announced by Recovery Associates 2Health News:Rio Salon and Spa, a Beauty Salon in Morro Bay, Undergoes Makeover 2Health News:Spectrum Surgical Attends Society of Gastroenterology Nurses and Associates' (SGNA) 40th Annual Conference in Austin, TX 2Health News:Now Save 25% on Franmara Dynamo Electric Wine Bottle Opener at Wine World Accessories 2Health News:FlexLeg Begins Offering New Mobility Aid 2
... Meeting that begins in US today, it is expected ... peek to some very innovative and original dental care ... is also one of the largest exhibitions of oral ... products from 46 countries will include flavored toothpastes, toothbrushes ...
... outbreak of Avian Influenza, commonly called bird flu. Although the //disease ... WHO is skeptical that the strain of virus that causes bird ... the disease human to human, and cause an influenza outbreak that ... first seen in the poultry of Republic of Korea in mid ...
... new study shows invasive procedures do not necessarily ... heart conditions.// ,Researchers studied more than ... for acute coronary syndrome between April 1999 and ... with cardiac catheterization facilities and underwent more invasive ...
... the association between hypogonadism and depression in men age 45 ... 22 percent of the men with low testosterone levels had ... normal levels. The finding held true even after results were ... and prostate cancer, that could have raised the risk for ...
... issue of British Medical Journal say that antidepressant drugs ... attempts.// ,Depression is characterized by a sense ... of self-esteem and confidence, and in the extreme form ... ,Clinical depression, also known as unipolar depression is ...
... twice the risk of heart failure, or a weakening ... to those without rheumatoid arthritis. ,Results of a ... an increased risk for heart failure soon after the ... course of their chronic disease. Researchers also found the ...
Cached Medicine News:
Weitlaner-Locktite retractors, blunt, 11 cm total length....
Weitlaner Beckmann retractor, sharp prongs, SS....
Weitlaner retractor, blunt....
Daubenspeck sharp curette, 8....
Medicine Products: