Disappointing dyno results

Intake centerline is the measurement in crankshaft degrees after top dead center on the intake stroke where the centerline of the intake cam lobe is (point of maximum lift). It is generally the cam spec used to verify that the camshaft was ground and phased correctly in relation to the crankshaft. Camshafts are often manufactured off by a bit and need to be advanced or retarded with respect to the crankshaft in order for the ICL when installed to match with the value spec'd by the manufacturer.
So I degreed the crank initially. Sent it back due to errors. Verified ICL on replacement and installed timing dot to dot. Would this not be correct?