| Dynacq Healthcare Inc. (the "Company")(Pink Sheets:DYII - News) announced today that on Aug. 30, 2004, it filed with the Securities and Exchange Commission reports on Form 10-Q for each of the first three quarters of fiscal 2004, the quarters ended Nov. 30, 2003, Feb. 29, 2004 and May 31, 2004. |
For the three months ended Nov. 30, 2003, net patient revenue was $18.1 million and net income was $1.5 million as compared to $17.9 million and $5.2 million, respectively, in the three months ended Nov. 30, 2002. For the three months ended Feb. 29, 2004, net patient revenue was $16.9 million and net income was $0.9 million as compared to $21.1 million and $4.1 million, respectively, in the three months ended Feb. 28, 2003. For the three months ended May 31, 2004, net patient revenue was $12.9 million and net loss was $1.3 million as compared to $25.6 million and net income of $6.4 million, respectively, in the three months ended May 31, 2003.
For the nine months ended May 31, 2004, net patient service revenue was $47.9 million and net income was $1.1 million, declines of 26% and 93% respectively, from net patient service revenue and net income of $64.7 million and $15.7 million in the comparable prior year period.
Dynacq Healthcare Inc. (www.dynacq.com) is a holding company. Its subsidiaries provide surgical healthcare services and related ancillary services through hospital facilities and outpatient surgical centers.
Contact: Dynacq Healthcare Inc., Houston
James N. Baxter, 713-378-2000
jimbaxter@dynacq.com
Source: Dynacq Healthcare Inc. |