Precipio ( (PRPO) ) has released its Q1 earnings. Here is a breakdown of the information Precipio presented to its investors.
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Precipio, Inc. is a healthcare biotechnology company specializing in cancer diagnostics, aiming to improve diagnostic accuracy and patient outcomes while reducing healthcare costs. In its Q1-2025 earnings report, Precipio highlighted significant year-over-year revenue growth and improved gross margins, despite a slight decrease from the previous quarter due to seasonal factors. The company reported a 43% increase in revenues to $4.9 million and a notable improvement in adjusted EBITDA, reflecting effective cost management. The Pathology Services division saw a 54% revenue increase, and gross margins across divisions improved significantly. Looking ahead, Precipio’s management remains optimistic about continued revenue growth and a return to positive cash flow, driven by expanding product offerings and enhanced reimbursement opportunities.