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Article: Dynamic Homes reports third-quarter earnings.

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PR Newswire
Article date:
October 24, 1990
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DYNAMIC HOMES REPORTS THIRD QUARTER EARNINGS

DETROIT LAKES, Minn., Oct. 24 /PRNewswire/ -- Dynamic Homes, Inc. today reported sales of $1,896,000 for the third quarter of 1990, an increase of 22 percent from $1,554,000 a year ago. The company's earnings came to $36,000 or $0.02 per share, compared to a net loss of $99,000 or $0.05 per share in the third quarter of 1989.

For the first nine months of 1990, sales rose 7 percent to $4,494,000, while the company's net loss totaled $81,000 or $0.04 per share, down significantly from the net loss of $379,000 or $0.19 per share last year.

David K. Knudson, Dynamic's president, attributed the ...

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