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Article Excerpt
M2 PRESSWIRE-31 December 2008-Stockguru.com: Stocks to Watch for December 31, 2008 - DYSL, EHMD, ALHC, COTE, and ADRM(C)1994-2008 M2 COMMUNICATIONS LTD
RDATE:31122008
Our Stocks to Watch today include : Dynasil Corp. of America (OTCBB: DYSL), EMTA Holdings, Inc. (OTCBB: EMHD), Alliance HealthCard, Inc. (OTCBB: ALHC), Coates International Ltd. (OTCBB: COTE), and Aduromed Industries, Inc. (OTCBB: ADRM)
Visit: http://www.stockguru.com to register for our daily Stocks to Watch and Trade Alerts.
Dynasil Corp. of America (OTCBB: DYSL) Shares traded up 18.18% at $1.30
Dynasil is a manufacturer of photonic products including optical materials, components, coatings and instruments for a broad range of applications markets in the medical, industrial and defense sectors. Its wholly owned subsidiaries are located in New Jersey, New York and Massachusetts.
DYSL News Yesterday, Dynasil Corporation of America announced the results of operations for its fiscal year ended September 30, 2008. Dynasil is a manufacturer of photonic products including optical materials, components, coatings and specialized instruments as well as contract research. The Company supplies a broad range of applications markets in the medical, industrial, and homeland security/ defense sectors. Fiscal year 2008 was a transformational year for Dynasil with the acquisition of Radiation Monitoring Devices, Inc. and certain assets of RMD Instruments, LLC (together, "RMD") on July 1, 2008. When compared to fiscal year 2007, revenues increased by 58.6% from $10.9 to $17.1 million and net income increased by 114.3% from $0.5 to $1.16 million. Fiscal year 2008 results included only one quarter of results from the RMD acquisition and proforma 2008 revenues with RMD were $34.3 million. Fiscal year 2008 revenues for Dynasil's historical businesses other than RMD were up 5% and net income before tax was up 47%, from $0.43 to $0.63 million, compared to fiscal year 2007. Revenue growth and major operational improvements at Dynasil's EMF subsidiary drove those substantial gains. For Quarter 4, the RMD acquisition tripled revenues from...
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