other material
confidence high
sentiment positive
materiality 0.85
Interpace Biosciences Announces Preliminary 2025 Revenue, 2026 Guidance, and Preferred Stock Conversion
INTERPACE BIOSCIENCES, INC.
- Preliminary 2025 thyroid testing revenue of ~$34-35M, up 21% over prior year.
- Company initiates 2026 revenue guidance of ~$40M, representing 16% growth in thyroid testing.
- All outstanding Series C Preferred Stock converted into common stock at $2.02 per share, issuing ~23.3M shares.
- Company is debt-free with positive net income and EBITDA, plans to seek uplisting to Nasdaq in 2026.
- Following conversion, pro forma basic shares outstanding ~27.7M; 1315 Capital owns ~34%, Ampersand owns ~50%.