Dynamic Healthcare Technologies reported second-quarter revenues of $6.3 million, down 3% from the $6.5 million posted last year. For the period (end-June 30), the Lake Mary, FL-based firm had a net loss of $667,000, compared with a net loss of $479,000 in the second quarter of 2000.
Among the bright spots for the quarter, Dynamic generated positive earnings before interest, taxes, depreciation, and amortization (EBITDA) of $360,000, the first time the company has generated positive EBITDA since the second quarter of last year. Dynamic also generated positive cash flow from operations during the quarter, the 11th consecutive quarter of doing so, according to the vendor.
By AuntMinnie.com staff writersAugust 2, 2001
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