Pro-Dex, Inc. Reports Strong Quarterly Earnings Growth

Pro-dex ( (PDEX) ) has released its Q3 earnings. Here is a breakdown of the information Pro-dex presented to its investors.

Pro-Dex, Inc., a company specializing in the design and manufacture of surgical drivers and shavers, has reported its financial results for the quarter ending March 31, 2025. The company operates primarily in the medical device sector and is known for its patented adaptive torque-limiting software and proprietary sealing solutions.

In the latest earnings report, Pro-Dex, Inc. highlighted a significant increase in net sales and net income compared to the previous year. Net sales for the quarter reached $17.4 million, up from $14.3 million in the same period last year, while net income rose to $3.3 million from $655,000. The company also reported a strong performance in its nine-month results, with net sales of $49.1 million and net income of $7.8 million.

Key financial metrics from the report include a gross profit of $5.8 million for the quarter, an increase from $4.0 million the previous year, and operating income of $3.6 million, up from $2.2 million. The company’s investments also yielded positive results, with a realized gain of $595,000 from the sale of marketable equity securities. Additionally, Pro-Dex’s inventory levels increased significantly, reflecting the company’s preparation for future demand.

Looking ahead, Pro-Dex, Inc. remains focused on expanding its market presence and optimizing operations at its Franklin facility. The management’s outlook suggests continued growth and strategic investments to enhance product offerings and operational efficiency. The company is well-positioned to capitalize on opportunities in the medical device industry, despite challenges such as competition and market consolidation.