secwatch.observer — SEC 8-K summary
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Issuer:     PRO DEX INC (PDEX)
CIK:        0000788920
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0001079973-24-001463
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pro-Dex Q1 net sales up 25% to $14.9M; net income $2.5M vs loss prior year
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- Net sales $14.9M (+25% YoY); gross margin 35% (+4pp); operating income $3.0M (+64%).
- Net income $2.5M ($0.75 diluted EPS) vs net loss $615k ($0.17 loss) in prior-year quarter.
- Includes unrealized gains on investments of $433k vs $2.6M unrealized loss prior year.
- Initial shipment of next-gen surgical handpiece for limited market release; production volumes expected H2 fiscal 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788920/000107997324001463/0001079973-24-001463-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788920/000107997324001463/pdex_8k.htm
  HTML page:      https://secwatch.observer/filing/0001079973-24-001463

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