Dynacq Ranked #8 Among America's Fastest-Growing Small Companies by Fortune Small Business.Business Editors/Health/Medical Writers HOUSTON--(BUSINESS WIRE)--July 7, 2003 Dynacq International Inc. (Nasdaq:DYII) has been ranked #8 among "The FSB (FrontSide Bus) See system bus. FSB - front side bus 100, America's Fastest-Growing Small Companies" in the July/August 2003 issue of Fortune Small Business ("FSB") magazine. The rankings are based upon averaging the rankings of the public companies on major exchanges with less than $200 million in revenue growth rates Growth Rates The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures. Notes: Remember, historically high growth rates don't always mean a high rate of growth looking into the future. regarding earnings, revenue and stock data. Dynacq is one of four companies to make the FSB 100, Fastest-Growing list for three straight years. Chiu M. Chan, chairman and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Dynacq, said, "We are delighted that Dynacq has made the FSB 100 list as a "three-peater." The listing signifies the consistent efforts of the Dynacq team in leading the growth of the Company through our business model and expansion of surgical hospitals into new markets and areas." Dynacq International Inc. provides 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 surgical hospital facilities and outpatient outpatient /out·pa·tient/ (-pa-shent) a patient who comes to the hospital, clinic, or dispensary for diagnosis and/or treatment but does not occupy a bed. out·pa·tient n. surgical centers. Dynacq specializes in creating surgical facilities that are models of efficiency, technology, clinical skills, profitability -- and most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent" above all, most especially , patient care. The Company's most recently announced reported earnings show fully diluted earnings per share diluted earnings per share An earnings measure calculated by dividing net income less preferred stock dividends for a period by the average number of shares of common stock that would be outstanding if all convertible securities were converted into shares of for the second fiscal quarter ending Feb. 28, 2003 increased to $0.27 from $0.24, or 13%, from the corresponding prior year quarter. Net revenues increased to $21,128,000 from $14,965,000, or 41%, from the corresponding prior year quarter. Certain statements contained in this press release may constitute "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " within the meaning of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These statements include, without limitation, Dynacq's ability to continue growing and expansion of surgical hospital facilities, and Dynacq's ability to continue to provide high-quality healthcare services and facilities. Although the Company believes its expectations are based on reasonable assumptions within the bounds of its knowledge of its business and operations, there can be no assurance that actual results will not differ materially from its expectations. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. More detailed information about factors that may cause actual results to materially differ is contained in the Company's filings with the Securities and Exchange Commission. The words "looking forward," "believe," "expect," "likely" and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date that such statements were made. The Company undertakes no obligation to update any forward-looking statements contained in this press release. |
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