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Peter Sulick News
Optics Revenue Climbs Amid Downturn at Dynasil
NEWTON, Mass., Dec. 17, 2015 — Record revenues in three of its four optics businesses couldn't counteract a decline in profits and overall revenue at Dynasil Corp. of America. For the year ended Sept. 30, Dynasil incurred a net loss of $400,000, compared with net income of $2.0 million in fiscal 2014. The loss was attributed to the final termination and settlement of a subsidiary's pension plan. Dynasil also paid down about $3 million in debt during fiscal 2015. The previous year's gain resulted partly from the
Dynasil Turns a Profit After Restructuring
NEWTON, Mass., Dec. 17, 2014 — Dynasil Corp. has returned to profitability after shedding two business units and addressing debts during fiscal 2014. The developer of optics and detectors for homeland security, medicine and industry reported year-end earnings of $2.0 million,...
Dynasil Turns a Profit, Repays Loan
WATERTOWN, Mass., May 14 — Dynasil Corp. of America recently notched second consecutive quarter of profitability and repaid a loan, two things the sensing and detection firm say position it for growth. The company reported net income of $272,000 in its second quarter of...
Dynasil Divests XRF Product Line
WATERTOWN, Mass., Nov. 11, 2013 — Dynasil Corporation of America has sold its x-ray fluorescence (XRF) lead paint detector product line to Protec Instrument Corp., the US subsidiary of its longtime France-based distributor Protec SA, and used the proceeds to reduce its debt and...
Dynasil CEO Ruggieri Resigns
WATERTOWN, Mass., July 2, 2012 — Steven K. Ruggieri will resign as CEO and president of Dynasil Corp. of America and as a member of its board of directors, effective July 6.
Millerick Joins Dynasil Board
WATERTOWN, Mass., March 1, 2012 — John Millerick was elected to the board of directors at the detection and sensing company's annual stockholders meeting.
Dynasil Reports Q3 Profit
WEST BERLIN, N.J., Aug. 24, 2010 — Dynasil Corp. of America recently announced a third-quarter 2010 profit of $727,646, an 85 percent increase over the third quarter of 2009. The specialized instruments and products maker said it earned record revenue of $11.3 million for the...
Sulick to Chair Dynasil Board
Sep 16, 2009 — West Berlin, N.J.-based Dynasil Corp. of America announced today that Peter Sulick, a significant investor in the company since 2005, has been elected chairman of its board of directors. Former chair James Saltzman was elected vice chairman. Sulick,...
Peter Sulick Joins Dynasil Board
Jun 12, 2008 — Photonics company Dynasil Corp. of America of West Berlin, N.J., announced that Peter Sulick will join its board of directors as audit committee chairperson and financial expert. Sulick founded media and telecommunications companies Independence...
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April 2024
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