ProPhase Labs reports Q1 EPS (13c) vs. (32c) last year

Reports Q1 revenue $1.43M vs. $2.36M last year. “ProPhase is now sharply focused on unlocking value through strategic asset development and disciplined execution,” said Ted Karkus, CEO of ProPhase Labs (PRPH). “We’ve taken bold steps to streamline operations, reduce overhead and align our resources with opportunities that we believe have real value. With BE-Smart nearing commercialization and a robust pipeline of potential liquidity events, we believe we are well-positioned to create meaningful, long-term shareholder value. We’re optimistic about what’s ahead-the next few months could be a turning point as we move closer to several major milestones.”