Navigation Links
Pro-Dex, Inc. Announces Fiscal Third Quarter And Nine-Month Results
Date:5/13/2013

,000 of costs associated with the contested election of directors that culminated during the quarter.  Included in operating expenses for the 2012 quarter were separation costs related to a previous Chief Executive Officer's resignation amounting to $339,000.

Loss from continuing operations for the quarter ended March 31, 2013 was $765,000, compared to a loss from continuing operations of $547,000 in the corresponding quarter in 2012.  Net loss for the quarter ended March 31, 2013 was $747,000, or $0.22 per diluted share, compared to a net loss of $487,000, or $0.15 per diluted share, for the corresponding quarter in 2012.

During the quarter ended March 31, 2013, the Company used $490,000 of cash in operating activities.  This use of cash reflects primarily the aforementioned separation payments and the proxy contest costs.

Nine Months Ended March 31, 2013Sales for the nine months ended March 31, 2013 decreased 30% to $9.5 million from $13.6 million in the corresponding nine-month period in 2012.  Excluding sales to the Company's former largest customer, which represented a reduction of $5.5 million in the nine months ended March 31, 2013 from the corresponding period in 2012, sales of surgical instruments increased $1.3 million, or 30%, in the nine months ended March 31, 2013 when compared to the 2012 period, 62% of which arose from increased sales to the Company's current largest customer.

For the nine months ended March 31, 2013, gross profit was $3.2 million, or 33%, compared to $4.6 million and 34%, respectively, for the corresponding period in 2012. This decrease in gross profit as a percentage of sales resulted primarily from unfavorable changes in product mix, partially offset by a reduction in warranty costs.

Operating expenses for the nine months ended March 31, 2013 decreased 17% to $4.4 million, from $5.2 million in the corresponding nine-month period of 2012. Comprising this decrease were planned,
'/>"/>

SOURCE Pro-Dex, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12

Related medicine technology :

1. Pro-Dex, Inc. Announces Fiscal 2013 Third Quarter Financial Results Conference Call and Webcast
2. Pro-Dex, Inc. Appoints Richard Van Kirk Chief Operating Officer
3. Pro-Dex, Inc. Appoints Harold A. Hurwitz Chief Executive Officer
4. Pro-Dex, Inc. And AO Partners Group Jointly Announce Voting Results
5. Pro-Dex, Inc. Announces Fiscal Second Quarter And Six-Month Results
6. Pro-Dex, Inc. Announces Fiscal 2013 First Quarter Results
7. Pro-Dex, Inc. Announces Fiscal 2012 Fourth Quarter And Full-Year Results
8. Pro-Dex, Inc. Announces Fiscal 2012 Fourth Quarter and Full-Year Financial Results Conference Call and Webcast
9. Pro-Dex, Inc. Announces Update Conference Call and Webcast
10. Pro-Dex, Inc. Announces Fiscal Third Quarter and Nine Month Results
11. Pro-Dex, Inc. Announces Fiscal 2012 Third Quarter Financial Results Conference Call and Webcast
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:9/17/2014)... , Sept. 17, 2014   OTEMR, Inc. , ... Complete EHR certification, which designates that the software is ... 1 and Stage 2 Meaningful Use measures required to ... Act (ARRA).  ONETOUCH EMR 2.0 was certified on July ... of the National Coordinator-Authorized Certification Body (ONC-ACB) and is ...
(Date:9/17/2014)... 17, 2014  Millions of people suffer from neck and ... Recently the FDA approved the launch of a ... implant device developed by Spinal Kinetics, which may offer relief ... or arm pain. Hospital for Special Surgery (HSS), the number ... in New York City and in ...
(Date:9/17/2014)... Sept. 17, 2014   MedeAnalytics today ... that brings complete visibility to a provider,s "mid-cycle" ... ever-evolving reimbursement landscape. Powered by the industry,s leading ... the critical point between patient access and the ... solution will improve revenue capture, minimize audit risk ...
Breaking Medicine Technology:OTEMR, Inc.'s ONETOUCH EMR Achieves ONC HIT 2014 Edition COMPLETE EHR Certification from ICSA Labs 2OTEMR, Inc.'s ONETOUCH EMR Achieves ONC HIT 2014 Edition COMPLETE EHR Certification from ICSA Labs 3Cervical Disc Clinical Trial for People with Neck and Arm Pain Set to Begin at Hospital for Special Surgery 2MedeAnalytics Unveils New Revenue Integrity Solution to Support the Transition to Value-Based Healthcare 2MedeAnalytics Unveils New Revenue Integrity Solution to Support the Transition to Value-Based Healthcare 3
... recalls increased more than 160 percent in the first ... many units than the previous quarter, according to the ... impacted by the increase include alcohol prep pads, catheters, ... in the first quarter of 2012. Conversely, the ExpertRECALL ...
... May 14, 2012  DICOM Grid announced today it has ... Herring,s Top 100 Americas award, a prestigious list honoring ... North American business region. The Red ... a pool of hundreds from across North America. The ...
Cached Medicine Technology:Medical Device Recalls Soar During First Quarter, ExpertRECALL Index Shows 2Medical Device Recalls Soar During First Quarter, ExpertRECALL Index Shows 3DICOM Grid Selected as a Finalist for the 2012 Red Herring Top 100 Americas Award 2
(Date:9/17/2014)... WEDNESDAY, Sept. 17, 2014 (HealthDay News) -- A blood ... could provide doctors with a better assessment of the ... If used routinely, this blood test could ... working and actually begins promoting tumor growth, the researchers ... given to patients with advanced prostate cancer and often ...
(Date:9/17/2014)... at The Scripps Research Institute (TSRI) have devised ... powerfully effective against vancomycin-resistant strains of MRSA and ... appears to have not one but two distinct ... cannot evolve resistance quickly. , "This is the ... be in clinical use a generation or maybe ...
(Date:9/17/2014)... 2014 Prevention is the best treatment ... scores of infants, children and teenagers in 12 states, ... medical director of Legacy ER & Urgent Care (LER) ... reported cases of EV-D68 so far in North Texas, ... change,” he said. “Implementing prevention strategies now may help ...
(Date:9/17/2014)... (PRWEB) September 18, 2014 Many countries ... influenza, instead of immunizations. The total number of poultry ... difficult to control, will result in huge losses. Therefore, ... avian influenza vaccines. , Avian influenza vaccines have been ... poultry farms in China began to use H5N1 avian ...
(Date:9/17/2014)... 2014 The Food and Drug Administration ... 2014, to consider: , 1. The ... 2. The potential for adverse cardiovascular ... TRT litigation ongoing, an informally-organized litigation group subcommittee prepared ... testosterone replacement therapy. Among others, ZKB attorney Michelle L. ...
Breaking Medicine News(10 mins):Health News:DNA Blood Test Might Identify Status of Prostate Cancer 2Health News:Scripps Research Institute chemists modify antibiotic to vanquish resistant bacteria 2Health News:Scripps Research Institute chemists modify antibiotic to vanquish resistant bacteria 3Health News:Legacy ER & Urgent Care Warns North Texans about Dangers of Enterovirus D68 2Health News:China Avian Influenza Vaccine Industry 2014-2018 Research Report Now Available at LifeScienceIndustryResearch.com 2Health News:China Avian Influenza Vaccine Industry 2014-2018 Research Report Now Available at LifeScienceIndustryResearch.com 3Health News:FDA Advisory Committee Holds Hearing on Testosterone Safety 2
... cannot control their conditions with medications need not worry now ... for their rescue. ,The new device ... the University of Rochester Medical Center as part of a ... significant reduction in the blood pressure in patients suffering from ...
... one in 10 U.S. adults suffer chronic pain that lasts a ... increased to a record average of just short of 80 years, ... Centers for Disease Control and Prevention. ,The CDC said, ... and nearly 75 for males. The gap in life expectancy between ...
... in birds with the avian virus that have infected human ... strains// of bird flu. ,The research has been ... which illustrates the genetic changes required for the H5N1 avian ... receptors on human cells. ,Yoshihiro Kawaoka, the senior ...
... genetic disorder, know that they shouldn't smoke or be ... developing emphysema at a young age. In addition, a ... (AT) deficiency could develop serious liver injuries due to ... ,A new research performed at Washington University School of ...
... helps them alleviate symptoms like forgetting, distracted, impulsive or ... Columbia University Medical Center// investigates whether these symptoms of ... smoke. ,If that is the case, ... to help people quit smoking – the patch with ...
... childcare worker should be trained in how to handle ... today.// ,'The AMA is calling on all State ... for people who work with children,' Dr Haikerwal said. ... for anaphylactic shock, including how to use auto-injecting devices ...
Cached Medicine News:Health News:A Novel Device System To Reduce Blood Pressure 2Health News:A Novel Device System To Reduce Blood Pressure 3Health News:Scinetists Alert to Onset of Pandemic through Bird flu Mutations to Humans 2Health News:Non-Steroidal Anti-Inflammatory Drugs Can Cause Liver Damages 2Health News:Non-Steroidal Anti-Inflammatory Drugs Can Cause Liver Damages 3Health News:A New Study To Examine ADHD's Role In Smoking 2
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... ARUP Laboratories is a national reference ... laboratory research and development. ARUP offers an ... unique medical tests in clinical and anatomic ... ARUP Laboratories' clients include more than half ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
... a national reference laboratory and a worldwide ... ARUP offers an extensive test menu of ... clinical and anatomic pathology. Owned by the ... more than half of the nation's university ...
Medicine Products: