secwatch.observer — SEC 8-K summary
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Issuer:     PRO DEX INC (PDEX)
CIK:        0000788920
Form:       8-K
Filed at:   2022-08-25T23:59:59+00:00
Accession:  0001553350-22-000721
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pro-Dex Q4 revenue up 34% to $12.6M; full-year net income $3.9M
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- Q4 net sales $12.6M (+34% YoY); net income $1.4M ($0.38/diluted) vs $0.8M ($0.20) in Q4 FY21.
- Full-year net sales $42.0M (+11% YoY); net income $3.9M ($1.02/diluted) vs $5.8M ($1.48) in FY21.
- Q4 gross margin fell to 27% from 33% due to component price increases outpacing pass-through.
- Largest customer orthopedic device sales rose $3.8M in FY22 on next-gen handpiece launch.
- CEO cites positive outlook with new building capacity; company does not provide guidance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788920/000155335022000721/0001553350-22-000721-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788920/000155335022000721/pdex_8k.htm
  HTML page:      https://secwatch.observer/filing/0001553350-22-000721

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer