Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Pro-Dex Posts Q3 Loss

Pro-Dex Inc. (PDEX: Quote) 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.

Click here to receive FREE breaking news email alerts for PRO-DEX INC NEW and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
After initially showing a lack of direction, stocks have moved mostly higher over the course of the trading session on Wednesday. Buying interest has remained somewhat subdued, however, limiting the upside for the markets. Businessman David Perdue narrowly defeated eleven-term Congressman Jack Kingston, R-Ga., in a runoff for the Republican Senate nomination in Georgia on Tuesday. With all precincts reporting, unofficial results show Perdue with a slim 50.9 percent to 49.1 percent lead over Kingston. Bank of England Governor Mark Carney said on Wednesday that interest rate will have to start rising to maintain price stability as the economy normalizes. "As the economy normalizes, Bank Rate will need to start to rise in order to achieve the inflation target," Carney said in a speech in Glasgow, Scotland.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.