secwatch.observer — SEC 8-K summary
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Issuer:     PRO DEX INC (PDEX)
CIK:        0000788920
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001553350-23-000286
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Pro-Dex Q3 net sales up 41% to $13.1M, net income $1.3M vs $462K
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- Net sales $13.1M (+41% YoY), driven by $3.2M repair revenue from enhanced handpiece program.
- Gross profit $3.8M (+33% YoY); operating expenses down 5%.
- Net income $1.3M ($0.36 diluted) vs $462K ($0.12) in prior year.
- Nine-month net income $3.3M ($0.89 diluted) vs $2.5M ($0.65) YoY.
- CEO expects record fiscal year revenue; assembly/repairs transfer to Franklin facility in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/788920/000155335023000286/0001553350-23-000286-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/788920/000155335023000286/pdex_8k.htm
  HTML page:      https://secwatch.observer/filing/0001553350-23-000286

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