DynTek Inc. Announces Unaudited Consolidated Financial Results for the Second Quarter and Six Months Ended December 31, 2013
For the six months, the company reported total revenues of $80.28 million against $68.219 million a year ago. Income from operations was $3.208 million against $2.386 million a year ago. EBITDA was $3.367 million against $2.554 million a year ago. Income before income taxes was $2.781 million against $1.919 million a year ago. Net income was $2.562 million or $1.18 per diluted share against $1.728 million or $0.83 per diluted share a year ago. The revenue growth, and gross profit growth, quarter over prior year quarter, are primarily attributable to several multi-million dollar deals with government customers in the New York district and government and commercial customers in the Newport Beach district in the second quarter of fiscal 2014.