Revenue Update on Pro-Dex Inc(NASDAQ:PDEX)

Pro-Dex Inc(NASDAQ:PDEX) announced the earnings results for Fiscal Year 2016 and Q4. The results came in during After-hours on Sep 15, 2016. Earnings per share were $0.05.

Pro-Dex Inc (PDEX) made into the market gainers list on Tuesdays trading session with the shares advancing 0.41% or 0.02 points. Due to strong positive momentum, the stock ended at $4.89, which is also near the day’s high of $4.8991. The stock began the session at $4.8991 and the volume stood at 10,606 shares. The 52-week high of the shares is $6.68 and the 52 week low is $2.23. The company has a current market capitalization of $20 M and it has 40,63,837 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Mar 24, 2016, William James Iii Farrell (director) purchased 600 shares at $3.42 per share price.Also, On Mar 2, 2016, Partners I, Lp Ao (director 10% owner) purchased 19,102 shares at $3.15 per share price.On Mar 2, 2016, Street Partners Lp /mn Farnam (director 10% owner) purchased 20,000 shares at $3.15 per share price, according to the Form-4 filing with the securities and exchange commission.

Pro-Dex Inc. designs and produces powered surgical and dental instruments and motion control products used in the medical factory automation and scientific research industries. The Company has four segments: Pro-Dex located in Irvine California which provides primarily medical and dental instruments using shared production and assembly machines and workforce; OMS located in Beaverton Oregon which provides multi-axis motion control applications; Fineline located in San Dimas California which manufactures plastic injection molds for a range of industries and Engineering Services Division (ESD) which provides permanent placement and contract services in the fields of engineering manufacturing and quality to diverse businesses. The Company’s Huber Precision division manufactures machined parts primarily for the oil and electronics industry. The Company markets its products under the brand names of Pro-Dex Micro Motors and Oregon Micro Systems.

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