{"id":15894,"date":"2014-02-24T11:54:43","date_gmt":"2014-02-24T16:54:43","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/?p=15894"},"modified":"2014-02-24T11:54:43","modified_gmt":"2014-02-24T16:54:43","slug":"dynasils-corporation-of-america-nasdaqdysl-subsidiary-signs-a-three-year-supply-agreement-with-l-3-communications","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/dynasils-corporation-of-america-nasdaqdysl-subsidiary-signs-a-three-year-supply-agreement-with-l-3-communications-15894","title":{"rendered":"Dynasil\u2019s Corporation of America (NASDAQ:DYSL) Subsidiary Signs A Three Year Supply Agreement With L-3 Communications"},"content":{"rendered":"<p style=\"text-align: justify;\">Boston, MA 02\/24\/2014 (wallstreetpr) &#8211; <b>Dynasil\u2019s Corporation of America (NASDAQ:DYSL)<\/b> has announced that its subsidiary has entered into an agreement with L-3 communication for the supply of high quality optical components. Dynasil\u2019s Chief executive officer expects the partnership to be more beneficial to Dynasil in bringing Optometric technology into a whole new level in the highly technical and competitive industry.<\/p>\n<p style=\"text-align: justify;\">Dynasil\u2019s Corporation of America (NASDAQ:DYSL)\u2019s chief maintains his company creative approach in development and production of optometric was the key reason behind the selection. The agreement is sure to be a growth platform for Dynasil as the company expects to provide products worth $4 million for the next three years. The selection of Dynasil by the world class company is seen as a testament of the strength the management team has been showing over the past few years.<\/p>\n<p style=\"text-align: justify;\">Dynasil\u2019s Corporation of America (NASDAQ:DYSL) specializes in the development and manufacturing of optical detection as well as analysis technology that is normally used by Homeland security.<\/p>\n<p style=\"text-align: justify;\"><b>Dynasil returns to profitability with a dwindling debt<\/b><\/p>\n<p style=\"text-align: justify;\">Dynasil\u2019s Corporation of America (NASDAQ:DYSL) first quarter results for the period ending December 31, 2014 was an impressive one, with net income for the period coming in at 1.46 million compared to a net loss of $379,000 for the same quarter a year earlier. The net income for the quarter included proceeds worth $1.19 million that was associated with the sale of the company\u2019s lead paint and medical product business.<\/p>\n<p style=\"text-align: justify;\">Dynasil\u2019s Corporation of America (NASDAQ:DYSL) marked a return to profitability with its Q1 14 results, with the results being mired with a substantial decrease in the company senior debt. Net income for the first quarter was another positive for the company, which improved slightly from $10.6 million reported for the same quarter a year ago to a high of $10.7 million.<\/p>\n<p style=\"text-align: justify;\">Some of the best performing sectors of the company included the Contract research segment which improved by 19% with revenue increasing to highs of $900,000. Instrument segment on other hand plummeted by 40% to come in at $500,000 mostly due to the sale of the lead paint business. Gross profit was another underperformer which dropped from a high of $4.6 million for the same quarter a year earlier to lows of $4.5 million.<\/p>\n<p style=\"text-align: justify;\">Gross margins also decreased for the quarter to lows of 41.5% from a high of 43.8% same quarter a year earlier. Dynasil\u2019s Corporation of America (NASDAQ:DYSL) plans to focus more on various commercializing opportunities as it tries to build on the profits reported in the first quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston, MA 02\/24\/2014 (wallstreetpr) &#8211; Dynasil\u2019s Corporation of America (NASDAQ:DYSL) has announced that its subsidiary has entered into an agreement with L-3 communication for the [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":15895,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[263],"tags":[4714,4715],"stock_ticker":[],"class_list":["post-15894","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-dynasils-corporation-of-america-nasdaqdysl","tag-nasdaqdysl","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Dynasil\u2019s Corporation of America (NASDAQ:DYSL) Subsidiary Signs A Three Year Supply Agreement With L-3 Communications - Wall Street PR<\/title>\n<meta name=\"robots\" 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