logo
Share SHARE
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
PayPal has agreed to buy Xoom, a digital money transfer provider, for $890 million in cash. Following the announcement, Xoom shares jumped 22 percent in after-hours trade on the Nasdaq. Discount retailer Family Dollar Stores Inc., which is being acquired by rival Dollar Tree Inc., said Wednesday after the markets closed that its third quarter profit fell slightly from last year, due mainly to a higher effective tax rate. The company's quarterly earnings per share, excluding items, also came in below analysts' expectations. Most of the major automakers, except General Motors Co. (GM), Wednesday reported improved sales results for June, as strong sales of trucks and SUVs continued to help offset weak car sales. Nonetheless, GM's June U.S. sales dropped 3 percent to 259,353 units from 267,461 units last year. The drop...
comments powered by Disqus
Follow RTT