---
schema_version: "secwatch.filing_event.v1"
accession: "0001553350-23-000063"
form_type: "8-K"
ticker: "PDEX"
cik: "0000788920"
company_name: "PRO DEX INC"
filed_at: "2023-02-02T23:59:59+00:00"
generated_at: "2026-06-20T02:59:54.269735+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Pro-Dex Q2 revenue up 11% to $11.3M; net income dips to $879K from $925K

## Summary
- Q2 net sales $11.3M (+11% YoY); net income $879K ($0.24 diluted EPS) vs $925K ($0.25) last year.
- Gross profit fell 23% to $2.6M due to component cost inflation and higher repair costs for largest customer's surgical handpiece.
- Six-month net sales $22.4M (+11%); net income flat at $2.0M ($0.53 diluted EPS).
- Operating expenses declined 18% in Q2 to $1.5M; CEO positive on Franklin facility opening this quarter.
- Customer upgrade negotiations ongoing; company seeks compensation for higher-cost repairs.

## SEC filing metadata
- accession: 0001553350-23-000063
- form_type: 8-K
- ticker: PDEX
- cik: 0000788920
- company_name: PRO DEX INC
- filed_at: 2023-02-02T23:59:59+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/788920/000155335023000063/0001553350-23-000063-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/788920/000155335023000063/pdex_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001553350-23-000063
- JSON: https://secwatch.observer/filing/0001553350-23-000063.json
- Plain text: https://secwatch.observer/filing/0001553350-23-000063.txt

## Key facts
- Earnings Releases
  PRO DEX INC reported financial results for six months ended December 31, 2022.
  - Period: six months ended December 31, 2022
  - Result: reported results
  source text: On February 2, 2023, Pro-Dex, Inc. (the “Company”) is issuing a press release announcing its financial performance for the second quarter and six months ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/788920/000155335023000063/0001553350-23-000063-index.htm
- Earnings Releases
  PRO DEX INC reported financial results for second quarter ended December 31, 2022.
  - Period: second quarter ended December 31, 2022
  - Result: reported results
  source text: On February 2, 2023, Pro-Dex, Inc. (the “Company”) is issuing a press release announcing its financial performance for the second quarter and six months ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/788920/000155335023000063/0001553350-23-000063-index.htm

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