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Dynacq Healthcare, Inc. Announces Increased Annual Earnings.


HOUSTON -- Dynacq Healthcare, Inc. (DYII) today reported that its income from continuing operations continuing operations

Parts of a business that are expected to be maintained as an ongoing segment of an overall business operation. Income and losses from continuing operations are reported separately if any segments have been discontinued during the
 for the year ended August 31, 2007 was $0.24 per share, compared to a loss of $0.21 per share in the previous year. Income from continuing operations of $0.13 per share recorded in the fourth quarter of the year ended August 31, 2007 compares with a loss of $0.10 per share in the fourth quarter of the previous year. All per share amounts in this release are fully diluted di·lute  
tr.v. di·lut·ed, di·lut·ing, di·lutes
1. To make thinner or less concentrated by adding a liquid such as water.

2. To lessen the force, strength, purity, or brilliance of, especially by admixture.
.

Net patient service revenues for the quarter ended August 31, 2007 increased by $854,000, or 8%, from $10.1 million in 2006 to $11.0 million in 2007. The Company's Garland Garland, city (1990 pop. 180,650), Dallas co., N Tex., a suburb of Dallas; inc. 1891. Since World War II, Garland has grown from an agricultural community into an important center for electronics research and for the production of electronic equipment.  Facility had an increase in both bariatric Bariatric
Pertaining to the study, prevention, or treatment of overweight.

Mentioned in: Malnutrition
 and orthopedic orthopedic /or·tho·pe·dic/ (-pe´dik) pertaining to the correction of deformities of the musculoskeletal system; pertaining to orthopedics.  cases due to recruitment of additional physicians. Income from continuing operations was $2.1 million for the fourth quarter in 2007 compared to a loss from continuing operations of $1.5 million in 2006's fourth quarter. Net income was $3.6 million in 2007's fourth quarter, or $0.22 per share, versus net loss of $1.3 million, or $0.08 per share, in 2006's fourth quarter.

Net patient service revenues for the year ended August 31, 2007 increased by $6.8 million, or 19%, from $36.0 million in 2006 to $42.8 million in 2007. Income from continuing operations for the year ended August 31, 2007 was $3.8 million, or $0.24 per share, versus a loss from continuing operations of $3.1 million, or $0.21 per share, in the same period in 2006. Net income was $4.2 million, or $0.26 per share, for the year ended August 31, 2007 versus net loss of $5.9 million, or $0.39 per share, for the same period in 2006.

Dynacq Healthcare, Inc. ("www.dynacq.com") is a holding company. Its subsidiaries provide surgical healthcare services and related ancillary Subordinate; aiding. A legal proceeding that is not the primary dispute but which aids the judgment rendered in or the outcome of the main action. A descriptive term that denotes a legal claim, the existence of which is dependent upon or reasonably linked to a main claim.  services through hospital facilities.
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Publication:Business Wire
Article Type:Financial report
Date:Nov 12, 2007
Words:324
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