Dynatronics (DYNT) Reports Q1 Loss of $0.13/Share

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Dynatronics Announces 10% increase in Top Line Sales for Fiscal 2017 First Quarter

November 14, 2016 9:00 AM EST

COTTONWOOD HEIGHTS, Utah, Nov. 14, 2016 /PRNewswire/ -- Dynatronics Corporation (NASDAQ: DYNT) today announced financial results for its fiscal 2017 first quarter ended September 30, 2016.

Net sales for the quarter increased 10.3 percent to $8.2 million, compared to $7.4 million in the same period of the prior year.  Gross profit for the quarter increased 11.3 percent representing 34.2 percent of sales, compared to 33.9 percent of sales for the quarter ended September 30, 2015.  Gross margin during the current quarter was positively impacted by a greater... More