earnings
confidence high
sentiment positive
materiality 0.75
Precipio Q1 revenue up 43% to $4.9M; adjusted EBITDA loss narrows 92% to $108K
Precipio, Inc.
2025-Q1 EPS reported
-$0.59
revenue$4,929,000
- Revenue $4.9M, +43% YoY; overall gross margin improved to 43% from 27%.
- Adjusted EBITDA loss of $108K vs $1.41M loss YoY, a 92% improvement.
- Cash used in operations was $44K vs $667K, improvement of 93%.
- Pathology Services rev +54%, test volume +46%; Products division onboarded 1 new customer, launched 2 panels.
- CEO expects positive operating cash flow in Q2 or Q3; Q2 received ~$400K CARES Act credit.