Dynatronics (DYNT) Reports Q1 Loss of $0.10

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Go back to Dynatronics (DYNT) Reports Q1 Loss of $0.10

Dynatronics Announces Fiscal 2016 First Quarter Financial Results

November 13, 2015 8:10 AM EST

COTTONWOOD HEIGHTS, Utah, Nov. 13, 2015 /PRNewswire/ -- Dynatronics Corporation (NASDAQ: DYNT) today announced financial and operating results for its fiscal 2016 first quarter ended September 30, 2015.

"The strategic direction of the past few months, including the completion of the sale of $4 million in preferred stock to affiliates of Prettybrook Partners, is designed to accelerate our growth in the coming years," commented Kelvyn H. Cullimore Jr., Chairman and Chief Executive Officer. "The financing has significantly strengthened our balance sheet and provides the resources to increase our market and geographic footprint while maintaining our status as... More