Quarterly ResultApr 30, 2026, 04:18 PM
PDEX Q3 Revenue +15% to $19.9M; Diluted EPS $1.20
AI Summary
PRO-DEX, INC. announced record net sales for its fiscal 2026 third quarter, increasing 15% to $19.9 million. Diluted EPS rose to $1.20, significantly boosted by a $2.3 million gain from contingent value rights in Monogram Technologies. For the nine months, net sales grew 16% to $57.1 million, with diluted EPS of $3.27, also benefiting from Monogram gains. The company completed the acquisition of Advanced Precision Machining, LLC during the quarter, which contributed to higher operating expenses.
Key Highlights
- Q3 Net sales increased 15% to $19.9 million, a new quarterly record.
- Q3 Diluted EPS was $1.20, up from $0.98 in the prior year.
- Q3 Net income was $3.9 million, including a $2.3 million gain from Monogram Technologies CVRs.
- Q3 Operating income decreased 15% to $3.1 million due to higher operating expenses.
- Nine-month net sales increased 16% to $57.1 million.
- Nine-month diluted EPS was $3.27, up from $2.31 in the prior year.
- Nine-month net income was $10.8 million, including a $9.1 million realized gain from Monogram Technologies.
- Company completed the acquisition of Advanced Precision Machining, LLC (APM) during the quarter.
Price Impact
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