Pro-Dex, Inc. (PDEX) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.38 per share. This compares to earnings of $0.14 per share a year ago.
ProDex (PDEX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
ProDex (PDEX) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Investors can consider investing in PDEX right now as the stock has done extremely well through 2024 and its prospects continue to shine.
Shares of Pro-Dex Inc (PDEX, Financial) surged 3.99% in mid-day trading on Oct 2. The stock reached an intraday high of $32.78, before settling at $32.59, up from its previous close of $31.34.
PDEX sees EPS rise to 46 cents in fiscal Q4 alongside a 41% surge in sales to $15 million, fueled by strategic operational efficiencies and key customer growth.
IRVINE, CA / ACCESSWIRE / September 5, 2024 / PRO-DEX, INC. (NASDAQ:PDEX) today announced financial results for its fiscal 2024 fourth quarter and full-year ended June 30, 2024.
Discover why Zacks rates Pro-Dex as "Outperform," being the first on Wall Street to initiate coverage on the stock. Explore its strong sales growth, strategic expansion, key alliances, financial stability and robust customer relationships.