UNITED STATES
             SECURITIES AND EXCHANGE COMMISSION
                    Washington, D.C.  20549
                           FORM 10-Q
                        AMENDMENT NO. 1

                           (Mark One)

[X] Quarterly Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 for the quarterly period
ended September 30, 1995.

                               or

[ ] Transition Report Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934 for the transition period
from --------- to --------

Commission File Number:  0-12697

                   Dynatronics Corporation
- ------------------------------------------------------------
   (Exact name of registrant as specified in its charter)


          Utah                                87-0398434
- --------------------------              --------------------
(State or other jurisdiction of            (IRS Employer
incorporation or organization)                Identification
No.)


7030 Park Centre Drive, Salt Lake City, UT          84121
- ------------------------------------------        ----------
(Address of principal executive offices)               (ZIP
Code)

                       (801) 568-7000
- ------------------------------------------------------------
    (Registrant's telephone number, including area code)

Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of
the Securities Exchange Act of 1934 during the preceding 12
months (or for such shorter period that the registrant was
required to file such reports), and (2) has been subject to
such filing requirements for the past 90 days.

                     X   Yes           No
                    ------        ------

The number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date
is:

      Class             Outstanding at September 30, 1995
- ----------------------- --------------------------------
Common Stock, No Par Value               7,964,397 shares


                   PART II.  OTHER INFORMATION


Item 6.   Exhibits and Reports on Form 8-K
          --------------------------------

               A) EX-27

               B) Not applicable.






                           SIGNATURES



Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be
signed on its behalf by the undersigned thereunto duly
authorized.



                      DYNATRONICS CORPORATION
                             Registrant




Date          12/28/95       /s/ Kelvyn H. Cullimore, Jr.
     ----------------------  ----------------------------
                             Kelvyn H. Cullimore, Jr.
                             President
                             Chief Executive Officer




Date          12/28/95       /s/ Keith E. Turner
     ----------------------  ----------------------------
                             Keith E. Turner
                             Treasurer
                             Chief Accounting Officer and
                             Principal Financial Officer