Pro-Dex (PDEX) Reports Q4 EPS of $0.05

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Go back to Pro-Dex (PDEX) Reports Q4 EPS of $0.05

Pro-Dex, Inc. Announces Fiscal 2016 Fourth Quarter and Full-Year Results

September 15, 2016 4:05 PM EDT

IRVINE, CA -- (Marketwired) -- 09/15/16 -- Pro-Dex, Inc. (NASDAQ: PDEX) today announced financial results for its fiscal 2016 fourth quarter and full-year ended June 30, 2016.

Quarter Ended June 30, 2016

Net sales for the three months ended June 30, 2016 increased $1.2 million, or 29%, to $5.3 million from $4.1 million for the three months ended June 30, 2015, due primarily to increased medical device sales, especially in the orthopedic and craniomaxillofacial ("CMF") surgical segments. Gross profit for the three months ended June 30, 2016 increased $311,000, or 27%, to $1.4 million from $1.1 million for the same period in 2015. Contributing to this increase was the increase in sales... More