Dynasil Corporation of America (OTC:DYSL.OB) has released the fiscal year earnings for the fiscal year ended September 30, 2009. The company reported revenues for the fiscal year as nearly doubled at $17.1 million, compared to fiscal year 2008 which earned $34.4 million. It’s income from operations also doubled from $1.45 million to $2.84 million with a 33.5% net increase from $1.16 to $1.55 million.
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Dynasil’s commercial operations revenues included the optics/photonics products and instruments which were affected by the worldwide economic recession. Despite the recession, the company’s business units still remained profitable. To review the full financial results, visit http://www.dynasil.com/.
Dynasil Corporation of America (Dynasil) is primarily engaged in the manufacturing and fabrication of synthetic fused silica. The fabricating aspect deals with precision cutting, coring and shaping to customer specifications. The Company’s products and services are used in optical instrument and laser manufacturing industries, as well as in the medical industry. Other applications include usage in the manufacturing of optical lenses and spectrometers. The Company’s products and services are sold throughout the United States and internationally. The Company has over 550 customers. On October 2, 2006, Dynasil acquired 100% of the stock of Evaporated Metal Films Corporation (EMF) in Ithaca, New York. EMF provides optical thin-film coatings for a range of application markets, including display systems, optical instruments, satellite communications and lighting.
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