Pro-Dex net income rises 52% to $13.7M on 16% higher sales
Pro-Dex reported net sales of $77.5M, up 16%. Net income increased 52% to $13.7M, with results attributed to medical device sales and the APM acquisition, alongside strong cash flow.
Net sales grew 16% to $77.5M, with net income up 52% to $13.7M, driven by strong medical device sales and the APM acquisition.
Customer concentration and supply chain risks remain, but liquidity is strong and the company continues to invest in growth and share repurchases.Original document: Pro-Dex…