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Dynatronics Announces Fiscal Second Quarter Results
Date:2/14/2011

t the vast number of clinics to our brand of products, we are already receiving requests for product quotes from GPO customers."

"As we begin to solicit sales orders under these GPO arrangements, we are gearing up our production capacity for a new level of operations," added Cullimore. "With over 12,000 products now available through our catalog and e-commerce website, we are in a good position to supply this high-volume segment of the physical medicine market."

Dynatronics has scheduled a conference call for investors on Monday, February 14, 2011, at 1:30 p.m. ET. Those wishing to participate should call (800) 926-7431 and use access code: 5687000.

Following is a summary of the financial results as of December 31, 2010, and June 30, 2010, and for the three and six month periods then ended:   Summary Selected Financial DataStatement of Income Highlights (Unaudited)Three Months EndedSix Months EndedDecember 31,December 31,2010200920102009Net sales

$8,199,347

$8,501,437

$16,118,635

$16,783,900Cost of sales

5,029,906

5,174,060

9,997,361

10,277,181Gross profit

3,169,441

3,327,377

6,121,274

6,506,719SG&A expenses

2,634,278

2,699,357

5,134,795

5,411,726R&D expenses

356,519

206,882

706,315

422,850Other expenses, net

65,604

110,936

137,387

220,167Net income before income taxes

113,040

310,202

142,777

451,976Income tax provision

(45,201)

(121,903)

(57,926)

(195,053)Net income

$67,839

$188,299

$84,851

$256,923Diluted income per common share

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SOURCE Dynatronics Corporation
Copyright©2010 PR Newswire.
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