Dynatronics (DYNT) Reports In-Line Q2 EPS
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Dynatronics Announces Fiscal 2016 Second Quarter Financial Results
February 16, 2016 4:06 PM ESTCOTTONWOOD HEIGHTS, Utah, Feb. 16, 2016 /PRNewswire/ --Â Dynatronics Corporation (NASDAQ: DYNT) today announced financial and operating results for its fiscal 2016 second quarter and six months ended December 31, 2015.
Net sales for the quarter were $7.5 million, a 2.4 percent increase compared to $7.3 million in the same period of the prior year. Gross margin for the quarter was 35.8 percent, compared to 33.7 percent for the quarter ended December 31, 2014, reflecting a greater percentage of sales of proprietary therapeutic products which carry higher-than-average margins.Â
"While we are in the early stages of our growth initiatives, they showed... More
