Stonvex
Stonvex
StonvexPrecipio reported Q1 2026 revenue of $6.71M, flat versus Q4 2025, with adjusted EBITDA declining to a loss of $0.16M from a profit of $0.96M in the prior quarter. The company cited delayed shipments, CMS cuts, and increased operational costs as headwinds, though management expects recovery in the second half driven by new product launches from its expanded commercial team.
Precipio, Inc. (NASDAQ: PRPO) reported Q1-2026 revenue of $6.71M, essentially flat compared to Q4-2025, driven by timing dynamics including delayed product shipments and CMS cuts. Adjusted EBITDA declined to $(0.16)M from $0.96M in Q4-2025, impacted by lower gross profits, new hiring costs, and bonus payments. Management attributes the flat performance to temporary factors and expects second-half growth from an expanding product pipeline developed by the newly hired commercial team.
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