| Dynacq Healthcare, Inc. Announces Financial Results for the Fiscal Quarter Ended May 31, 2008 |
| HOUSTON--(BUSINESS WIRE)—July 15, 2008--Dynacq Healthcare, Inc. (DYII) today reported financial results for the third fiscal quarter ended May 31, 2008. For the fiscal quarter ended May 31, 2008, the Company had income from continuing operations of $1.2 million, or $0.07 per share, compared to $2.9 million, or $0.18 per share, in the fiscal quarter ended May 31, 2007. All per share amounts are calculated on a fully diluted basis. The decline in income from continuing operation of $1.7 million, or 58%, was primarily due to a change in the Company’s revenue recognition method to recognize the lower reimbursement amounts payable for workers’ compensation cases as a result of the Texas Workers’ Compensation (TWCC) Fee Guidelines effective March 1, 2008. The Company’s revenue recognition method for the corresponding third fiscal quarter of prior year ended May 31, 2007 was based on the trailing twelve months average collection ratio. |
| Dynacq Healthcare, Inc. Announces Financial Results for the Fiscal Quarter Ended February 29, 2008 |
| HOUSTON--(BUSINESS WIRE)—April 8, 2008--Dynacq Healthcare, Inc. (DYII) today reported financial results for the second fiscal quarter ended February 29, 2008. For the fiscal quarter ended February 29, 2008, the Company had income from continuing operations of $4.8 million, or $0.29 per share, compared to a loss from continuing operations of $139,000, or $(0.01) per share, in the fiscal quarter ended February 28, 2007. All per share amounts are calculated on a fully diluted basis. |
| Dynacq Healthcare, Inc. to be listed on Nasdaq Global Market |
| HOUSTON--(BUSINESS WIRE)—February 28, 2008--Dynacq Healthcare, Inc. (DYII) announced today that effective with the open of business on February 29, 2008, the Company’s common stock will be listed on the Nasdaq Global Market instead of the Nasdaq Capital Market. The trading symbol for the Company’s common stock will continue to be DYII. |
| Dynacq Healthcare, Inc. Announces Financial Results for the Fiscal Quarter Ended November 30, 2007 |
| HOUSTON--(BUSINESS WIRE)—January 10, 2008--Dynacq Healthcare, Inc. (DYII) today reported financial results for its first fiscal quarter. For the fiscal quarter ended November 30, 2007, the Company had income from continuing operations of $0.13 per share compared to a loss from continuing operations of $0.04 per share in the fiscal quarter ended November 30, 2006. All per share amounts are calculated on a fully diluted basis. |
| Dynacq Healthcare, Inc. Announces Increased Annual Earnings |
| HOUSTON--(BUSINESS WIRE)—November 12, 2007--Dynacq Healthcare, Inc. (DYII) today reported that its income from continuing operations 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. |
| Dynacq Healthcare, Inc. Announces Sale of Baton Rouge Hospital |
| HOUSTON--(BUSINESS WIRE)—November 8, 2007--Dynacq Healthcare, Inc. (DYII) announced today that its wholly owned subsidiary entered into a Purchase and Sale Agreement with the State of Louisiana for the sale of the land, buildings, tangible assets and inventory of Vista Surgical Hospital of Baton Rouge, Louisiana for $20 million in cash. |
| Dynacq Healthcare, Inc. Announces Strong Financial Results for the Fiscal Quarter Ended May 31, 2007 |
| HOUSTON--(BUSINESS WIRE)—July 16, 2007--Dynacq Healthcare, Inc. (DYII) today reported financial results for the third fiscal quarter ended May 31, 2007. For the fiscal quarter ended May 31, 2007, the Company had income from continuing operations of $0.16 per share compared to a loss from continuing operations of $0.03 per share in 2006’s third quarter. All per share amounts in this release are the same for basic and diluted. |
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