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Dye & Durham Reports Fourth Quarter and Fiscal Year 2021 Financial Results
Dye & Durham Reports Fourth Quarter and Fiscal Year 2021 Financial Results ...
About this update from Dye & Durham Ltd.
[{"type":"text","content":"\n \n \n \n Dye & Durham Reports Fourth Quarter and Fiscal Year 2021 Financial Results\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen3{\nBORDER-TOP-COLOR:; VERTICAL-ALIGN: BOTTOM; BORDER-LEFT-COLOR:; BORDER-BOTTOM-COLOR:; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-RIGHT-COLOR:; PADDING-RIGHT:0.50em\n}\n.prngen2{\nBORDER-TOP-COLOR:; VERTICAL-ALIGN: BOTTOM; BORDER-LEFT-COLOR:; BORDER-BOTTOM-COLOR:; PADDING-LEFT:0.50em; BORDER-RIGHT-COLOR:; PADDING-RIGHT:0.50em\n}\n.prntblns{\nBORDER-TOP: 1pt; BORDER-RIGHT: 1pt; BORDER-COLLAPSE: collapse; BORDER-BOTTOM: 1pt; BORDER-LEFT: 1pt\n}\n \n \n \n \n \n Dye & Durham Reports Fourth Quarter and Fiscal Year 2021 Financial Results\n \n \n Canada NewsWire\n \n \n \n \n \n TORONTO\n \n ,\n \n Aug. 23, 2021\n \n /CNW/ - Dye & Durham Limited (\"\n \n Dye & Durham\n \n \" or the \"\n \n Company\n \n \") (TSX: DND), a leading provider of cloud-based software and technology solutions designed to improve efficiency and increase productivity for legal and business professionals, today announced its financial results for the three and twelve months ended\n \n June 30, 2021\n \n .\n \n \n \"Over the last quarter, the Company has continued to demonstrate effective results in line with our expectations and the guidance provided to the market,\" said\n \n Matt Proud\n \n , CEO of Dye & Durham.\n \n \n \n Fourth Quarter Fiscal 2021 Highlights\n \n \n \n \n Revenue of\n \n $84.4 million\n \n , an increase of 494% from the same period in the prior year, primarily due to higher transaction volume, increased revenue from the recent acquisitions that closed in the previous twelve months, and the realization of revenue synergies.\n \n \n Net income of\n \n $6.3 million\n \n , an increase of\n \n $10.1 million\n \n from the same period in the prior year.\n \n \n Adjusted EBITDA\n \n 1\n \n of\n \n $49.1 million\n \n , an increase of\n \n $40.3 million\n \n or 459% from the same period in the prior year.\n \n \n \n \n Fiscal 2021 Highlights\n \n \n \n \n Revenue of\n \n $208.9 million\n \n , an increase of 219% from fiscal 2020, ...