DynTek Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended June 30, 2015
For the full year, the company announced total revenues of $159,274,000 compared to $145,957,000 for the same period a year ago. Income from operations was $4,372,000 compared to $4,627,000 for the same period a year ago. EBITDA was $5,058,000 compared to $5,550,000 for the same period a year ago. Income before income taxes was $3,167,000 compared to $3,622,000 for the same period a year ago. Net income was $6,457,000 or $2.84 per diluted share compared to $1,778,000 or $0.79 per diluted share for the same period a year ago. Year over year revenue increase with less gross profit is the result of incremental revenue generated from product orders which typically carry lower margin than services.