FONT-SIZE Plus   Neg

Pro-Dex Posts Q3 Loss

Pro-Dex Inc. (PDEX) Friday reported third-quarter net loss of $487 thousand or $0.15 per share, compared to net income of $868 thousand or $0.26 per share in the third quarter last year.

Loss from continuing operations for the quarter was $513 thousand or $0.16 per share, compared to income from contiuing operations of $909 thousand or $0.28 per share in the same period last year.

Sales for the quarter decreased 34 percent to $4.5 million from $6.9 million last year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Chipmaker Qualcomm is reportedly in talks with NXP Semiconductor NV (NXPI) for a possible acquisition, reports said. According to Bloomberg, negotiations are on with a probable price of $110 t $120 per NXP share. The deal would value NXP at around $34.7 billion. Regulators have confirmed the eleventh U.S. fatality linked to Takata Corp.'s defective air bag inflators. The National Highway Traffic Safety Administration or NHTSA said Thursday that a crash fatality in Riverside County, California, was tied to the rupture of a recalled Takata air bag inflator. Reynolds American Inc. (RAI) on Friday confirmed that British American Tobacco plc (BATS.L, BTI) has offered to buy the remaining 57.8 percent stake that it does not own in the US tobacco company for $47 billion. Reynolds said its board of directors will evaluate the offer, and respond accordingly to BAT, which currently owns 42.2 percent stake in Reynolds. The proposal represents an enterprise va
comments powered by Disqus
Follow RTT