earnings
confidence high
sentiment neutral
materiality 0.55
Predictive Oncology Q1 2023 net loss $3.4M on revenue $0.2M; partnerships announced
Axe Compute Inc.
- Net loss of $3.4M, diluted EPS loss $0.86; revenue $239.9K vs $314.6K in Q1 2022.
- Cash $18.6M vs $22.1M at Dec 31, 2022; stockholders' equity $18.6M.
- Gross margin fell to 50% from 65% due to sales mix.
- Partnerships: Cancer Research Horizons, Integra Therapeutics, Cvergenx announced.
- Appointed Veena Rao to Board and Pamela Bush as Chief Business Officer.