Pro-Dex Q4 net income rises 139% to $2.86 million; net sales increase 17% to $20.41 million - PDEX News | RalliesPro-Dex Q4 net income rises 139% to $2.86 million; net sales increase 17% to $20.41 million
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PDEX• CEO comments on APM acquisition
- CEO Richard L. Van Kirk highlighted the APM acquisition and said he was pleased with fiscal 2026 performance.
Full-year sales and income increased
- Full-year net sales climbed 16% to $77.5 million, driven by a $15.3 million lift tied to its largest customer’s next-generation orthopedic handpiece.
- Annual net income increased to $13.7 million, or $4.12 per diluted share, including a $5.7 million gain on marketable equity investments.
Q4 results show higher sales and profit
- Pro-Dex posted fiscal 2026 Q4 net sales up 17% to $20.4 million, with diluted EPS rising to $0.87 from $0.36.
- Gross margin widened 15 percentage points to 35%, citing favorable mix, better overhead absorption, and higher-margin APM contributions.
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