DYSL.ob asking 1.19 - new 52wk high
Tuesday December 12, 8:30 am ET
WEST BERLIN, N.J.--(BUSINESS WIRE)--Dynasil Corporation of America (OTCBB:DYSL.OB - News), announced results of operations for the fiscal year ended September 30, 2006. Dynasil is a fabricator of optical blanks from synthetic fused silica, fused quartz, and other optical materials for the semi-conductor, laser, space and optical components industries. Through its subsidiary, Optometrics Corporation, it is a worldwide supplier of optical components including diffraction gratings, thin film filters, laser optics, monochromators, and specialized optical systems. Revenues for the quarter ended September 30, 2006 were $1,889,226, an increase of 19% over revenues of $1,581,096 for the quarter ended September 30, 2005. Net profit for the quarter ended September 30, 2006 was $213,260 or $.05 per share compared with a net profit of $98,134 or $.02 per share for the quarter ended September 30, 2005. Revenues for the 12 months ended September 30, 2006 were $6,936,631, an increase of 37% over revenues of $5,078,436 for the 12 months ended September 30, 2005. Net profit for the 12 months ended September 30, 2006 was $460,156 or $0.10 per share compared with a net profit of $173,019 or $0.04 per share for the 12 months ended September 30, 2005. The largest drivers for the 166% profitability increase were revenue increases in both business units, having Optometrics as part of Dynasil for the full year and gross margin increases for optical materials.
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