Pro-Dex, Inc. Announces Fiscal 2024 Second Quarter and Six-Month Results [Yahoo! Finance]
Pro-Dex, Inc. (PDEX)
US:NASDAQ Investor Relations:
pro-dex.com/investor-relations
Company Research
Source: Yahoo! Finance
The Company also filed its Quarterly Report on Form 10-Q for the second quarter of fiscal year 2024 with the Securities and Exchange Commission today. Quarter Ended December 31, 2023 Net sales for the three months ended December 31, 2023, increased $1.3 million, or 12%, to $12.6 million from $11.3 million for the three months ended December 31, 2022, due primarily to an increase in repair revenue related to the orthopedic surgical handpiece that we sell to our largest customer. As previously disclosed, we began an enhanced repair program in the prior fiscal year to upgrade our customer's handpieces to the most current revision. Gross profit for the three months ended December 31, 2023, increased $179,000, or 7%, to $2.8 million from $2.6 million for the same period in fiscal 2023. The improvement in gross margin is primarily because we have seen a reduction in the requirement for us to supply components to our suppliers for our printed circuit board assemblies. Operating expen
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News
- The Returns On Capital At Pro-Dex (NASDAQ:PDEX) Don't Inspire Confidence [Yahoo! Finance]Yahoo! Finance
- Pro-Dex, Inc. (NASDAQ: PDEX) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Pro-Dex, Inc. (NASDAQ: PDEX) is now covered by analysts at StockNews.com. They set a "strong-buy" rating on the stock.MarketBeat
- Pro-Dex, Inc. Announces Fiscal 2024 Second Quarter and Six-Month ResultsAccesswire
- Pro-Dex, Inc. (NASDAQ: PDEX) is now covered by analysts at StockNews.com. They set a "buy" rating on the stock.MarketBeat
PDEX
Sec Filings
- 2/8/24 - Form 8-K
- 2/8/24 - Form 10-Q
- 1/31/24 - Form 4
- PDEX's page on the SEC website