Dynatronics Corporation (DYNT) Releases Earnings Results, Beats Expectations By $0.08 EPS

Dynatronics Corporation (NASDAQ:DYNT) posted its quarterly earnings results on Tuesday. The medical equipment provider reported $0.00 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.08) by $0.08, Zacks Earnings Dates reports. The business had revenue of $12.80 million during the quarter. Dynatronics Corporation had a negative net margin of 3.42% and a negative return on equity of 56.91%.

Dynatronics Corporation (DYNT) traded down $0.05 on Thursday, hitting $2.55. 6,300 shares of the company were exchanged, compared to its average volume of 13,996. The company has a quick ratio of 0.80, a current ratio of 1.77 and a debt-to-equity ratio of 0.93. Dynatronics Corporation has a twelve month low of $2.10 and a twelve month high of $3.75.

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A number of research firms recently weighed in on DYNT. Zacks Investment Research downgraded shares of Dynatronics Corporation from a “hold” rating to a “sell” rating in a research note on Tuesday, September 12th. ValuEngine raised shares of Dynatronics Corporation from a “strong sell” rating to a “sell” rating in a research note on Friday, July 28th.

About Dynatronics Corporation

Dynatronics Corporation is a manufacturer and distributor of physical medicine products. The Company’s products include a line of medical equipment for physical medicine applications, including therapy devices, medical supplies and soft goods, treatment tables and rehabilitation equipment. Its products are used by physical therapists, chiropractors, sports medicine practitioners, podiatrists, physicians and other physical medicine professionals.

Earnings History for Dynatronics Corporation (NASDAQ:DYNT)

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