DY 4 earnings inch upward in Q2



Published on April 26, 2000
Published on February 22, 2011
 

Ottawa's DY 4 Systems showed a small increase in second quarter earnings compared to the same period one year ago.

Topics :
DY 4

Sales for the maker of embedded computing solutions were $17.9 million, compared to $17.4 million in the second quarter of 1999.

Net earnings came in at $1.7 million or 13 cents per fully diluted share. That compares to $1.5 million and 12 cents a share during the same period last year.

Sales for the first six months of fiscal 2000 increased to $36 million from $31.9 million over the same period last year.

The company is operating debt-free.

"With a growing order backlog, we expect to post even stronger sales in the second half of the year," said Danny Osadca, president and CEO of DY 4, in a release.

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