Filing Flows › Pro DEX (PDEX) › Q3 FY25
Pro DEX (PDEX) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed May 1, 2025
Pro DEX (PDEX) reported revenue of $17.4M for the third quarter fiscal 2025 (Q3 FY25), +22% from a year earlier and +4% from the quarter before. Operating margin was 20.9%, net earnings $3.3M (18.8% of revenue).
Pro DEX, Q3 FY25: revenue $17.4M (+22% year over year), operating margin 20.9%, net earnings $3.3M, operating cash flow $754K. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $17.4M | +4% | +22% |
| Gross profit | $5.8M | +14% | +45% |
| Operating profit | $3.6M | +35% | +64% |
| Net earnings | $3.3M | +61% | +400% |
| Operating cash flow | $754K | — | -82% |
| Free cash flow | $574K | — | -86% |
What changed
Revenue was $17.4M in Q3 FY25, up 22% year over year and up 4% from the previous quarter.
Gross margin was 33.3%, up 5.3 points from a year earlier. Operating profit was $3.6M, a 20.9% margin (up 5.4 points year over year). Of the extra revenue versus a year earlier, 46% reached operating profit, above the 15% margin then. Operating expenses grew 21% against revenue growth of 22%. The fastest-growing cost line was Sales & marketing (+565%). Net earnings were $3.3M, up 400% year over year. The effective tax rate was 28.1%. Non-operating items added $914K, 20% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $754K (down 82% year over year), 23% of net earnings. Non-cash charges added back $310K of depreciation and amortization and $158K of share-based compensation. Working capital and other items used $3.0M. Capital expenditures of $180K left free cash flow of $574K.
Questions
What was Pro DEX's revenue in the third quarter fiscal 2025?
Pro DEX (PDEX) reported revenue of $17.4M for the third quarter fiscal 2025 (Q3 FY25), +22% from a year earlier and +4% from the quarter before.
Was Pro DEX profitable in the third quarter fiscal 2025?
Operating profit was $3.6M (20.9% of revenue) and net earnings $3.3M.
Source: Pro DEX 10-Q on SEC EDGAR.