---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-23-001431"
form_type: "8-K"
ticker: "PDEX"
cik: "0000788920"
company_name: "PRO DEX INC"
filed_at: "2023-10-13T23:59:59+00:00"
generated_at: "2026-06-10T00:22:07.250338+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Pro-Dex Q4 revenue down 16% YoY; full-year net income up 54% on record backlog $41.6M

## Summary
- Q4 net sales fell 16% YoY to $10.6M; net income down $336K to $1.5M ($0.42 diluted EPS) vs $0.49 last year.
- Full-year net sales up 10% to $46.0M; net income $7.1M ($1.95 diluted EPS) vs $4.6M ($1.21) last year, boosted by unrealized gain on Monogram warrant.
- Record backlog of $41.6M as of June 30, 2023; new Franklin facility operational.
- Medical device sales declined due to customer inventory buildup; repair revenue increased $6.0M for the year from enhanced repair program.
- Executed new distribution agreement for thoracic driver in Q4; launched in Q1 FY2024.

## SEC filing metadata
- accession: 0001079973-23-001431
- form_type: 8-K
- ticker: PDEX
- cik: 0000788920
- company_name: PRO DEX INC
- filed_at: 2023-10-13T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/788920/000107997323001431/0001079973-23-001431-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788920/000107997323001431/pdex_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-23-001431
- JSON: https://secwatch.observer/filing/0001079973-23-001431.json
- Plain text: https://secwatch.observer/filing/0001079973-23-001431.txt

## Key facts
- Earnings Releases
  PRO DEX INC reported financial results for the fourth fiscal quarter and fiscal year ended June 30, 2023.
  - Period: the fourth fiscal quarter and fiscal year ended June 30, 2023
  - Result: reported results
  source text: Pro-Dex, Inc. (the "Company") is issuing a press release announcing its financial performance for the fourth fiscal quarter and fiscal year ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/788920/000107997323001431/0001079973-23-001431-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.