Dynasil Corporation of America Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended March 31, 2017
Dynasil Corporation of America reported unaudited consolidated earnings results for the second quarter and six months ended March 31, 2017. For the quarter, the company’s net revenue was $10,085,000 compared to $11,296,000 a year ago. Loss from operations was $3,000 compared to income of $41,000 a year ago. Loss before taxes was $48,000 compared to $36,000 a year ago. Net loss attributable to common stockholders was $55,000 or compared to $31,000 a year ago.
For the six months, the company’s net revenue was $19,228,000 compared to $22,493,000 a year ago. Income from operations was $74,000 compared to $203,000 a year ago. Loss before taxes was $38,000 compared to income before taxes of $67,000 a year ago. Net income attributable to common stockholders was $2,753,000 or $0.16 per basic and diluted share compared to $75,000 or $0.00 per basic and diluted share a year ago.