Precipio, Inc. (PRPO)

NASDAQ: PRPO · Real-Time Price · USD
5.27
-0.18 (-3.30%)
Dec 20, 2024, 4:00 PM EST - Market closed
-3.30%
Market Cap 7.81M
Revenue (ttm) 17.41M
Net Income (ttm) -3.00M
Shares Out 1.48M
EPS (ttm) -2.07
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,597
Open 5.46
Previous Close 5.45
Day's Range 5.22 - 5.46
52-Week Range 4.31 - 7.30
Beta 1.41
Analysts n/a
Price Target n/a
Earnings Date Nov 6, 2024

About PRPO

Precipio, Inc., a healthcare solutions company, provides diagnostic products, reagents, and services in the United States. It provides diagnostic blood cancer testing services. The company offers IV-Cell, a proprietary cell culture media that enables simultaneous culturing of four hematopoietic cell lineages; and HemeScreen, a suite of robust genetic diagnostic panels. It offers biomarker testing and clinical project services to bio-pharma customers. The company is based in New Haven, Connecticut. [Read more]

Sector Healthcare
CEO Ilan Danieli
Employees 57
Stock Exchange NASDAQ
Ticker Symbol PRPO
Full Company Profile

Financial Performance

In 2023, Precipio's revenue was $15.20 million, an increase of 61.46% compared to the previous year's $9.41 million. Losses were -$5.85 million, -52.04% less than in 2022.

Financial Statements

News

Precipio, Inc. (PRPO) Q3 2024 Earnings Call Transcript

Precipio, Inc. (NASDAQ:PRPO) Q3 2024 Earnings Conference Call November 18, 2024 5:00 PM ET Company Participants Ilan Danieli - CEO Conference Call Participants Operator Good day. Welcome to the Preci...

4 weeks ago - Seeking Alpha

Precipio Announces Q3-2024 Shareholder Update Call

NEW HAVEN, Conn., Nov. 06, 2024 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO), will be hosting its Q3-2024 corporate update call on November 18th at 5:00 PM ET...

6 weeks ago - GlobeNewsWire

Precipio Expands Bloodhound™ MPN Panel by Adding CALR Mutation Subtyping

The unique assay enables laboratories to provide clinicians with more informed treatment decisions for their patients The unique assay enables laboratories to provide clinicians with more informed tre...

2 months ago - GlobeNewsWire

Precipio Announces Employee Stock Option Plan Repricing

NEW HAVEN, Conn., Sept. 06, 2024 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company  Precipio, Inc.   (NASDAQ: PRPO) announces the Company's repricing of a portion of its employee stock options ...

3 months ago - GlobeNewsWire

Precipio, Inc. (PRPO) Q2 2024 Earnings Call Transcript

Precipio, Inc. (NASDAQ:PRPO) Q2 2024 Earnings Conference Call August 19, 2024 5:00 PM ET Company Participants Ilan Danieli - Chief Executive Officer Operator Welcome to the Precipio Second Quarter 20...

4 months ago - Seeking Alpha

Precipio Announces Q2-2024 Shareholder Update Call

NEW HAVEN, Conn., Aug. 15, 2024 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company  Precipio, Inc.   (NASDAQ: PRPO) , will be hosting its Q2-2024 corporate update call on August 19th at 5:00 PM ...

4 months ago - GlobeNewsWire

Precipio Reports $0.3M cash generated by operations (unaudited) in Q2-2024, as the company advances towards breakeven

Company's continued growth and improved cash position alleviates the need for capital raise in the foreseeable future Company's continued growth and improved cash position alleviates the need for capi...

5 months ago - GlobeNewsWire

Precipio Reports $4.4M for Q2-2024 (unaudited) Revenues, a leap of 30% from Q1-2024

Pathology Revenues in June exceed breakeven target and continue growth trend Pathology Revenues in June exceed breakeven target and continue growth trend

5 months ago - GlobeNewsWire

Precipio Inc. Announces Adjournment of Annual Meeting of Stockholders

New Shareholders Meeting Date: Friday, June 21 at 9 a.m. Eastern Time New Shareholders Meeting Date: Friday, June 21 at 9 a.m. Eastern Time

6 months ago - GlobeNewsWire

Precipio is requesting Shareholders/Brokers vote today to avoid costly adjournment and rescheduling of Annual Shareholders Meeting

NEW HAVEN, Conn., June 12, 2024 (GLOBE NEWSWIRE) -- Management of specialty cancer diagnostics company  Precipio, Inc.   (NASDAQ: PRPO) is requesting that shareholders instruct their brokers to vote t...

6 months ago - GlobeNewsWire

Precipio Secures a short-term $500K Credit Facility

Loan will supplement any temporary cashflow deficit related to cash collections delay due to Change Healthcare cybersecurity attack Loan will supplement any temporary cashflow deficit related to cash ...

8 months ago - GlobeNewsWire

Precipio Announces Year end 2023 Shareholder Update Call

NEW HAVEN, Conn., March 25, 2024 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO), will be hosting its year end 2023 corporate update call on April 1st, 2024 at 5...

9 months ago - GlobeNewsWire

Precipio to Report $15.2M for FY-2023 (unaudited) Revenues, an increase of 60% YoY

NEW HAVEN, Conn., Feb. 13, 2024 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO) , announces that for the full year of 2023, its unaudited revenues have grown fro...

11 months ago - GlobeNewsWire

Precipio and Cardinal Health Sign Distribution Agreement for its HemeScreen® Portfolio of Molecular assays for Cancer

NEW HAVEN, Conn., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO) announces it has entered into a distribution agreement with Cardinal Health for i...

11 months ago - GlobeNewsWire

Precipio's Q4-2023 Cash Burn From Operations (unaudited) drops below $100K for the full quarter

Results clearly demonstrate the business's ability to reach breakeven in the near future Results clearly demonstrate the business's ability to reach breakeven in the near future

11 months ago - GlobeNewsWire

Precipio Signs Distribution Agreement For IV-Cell® and HemeScreen® in Japan

NEW HAVEN, Conn., Jan. 17, 2024 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO) announces it has entered into an agreement with a Japanese distributor for the sa...

1 year ago - GlobeNewsWire

Precipio Announces Christina Valauri joins the Board of Directors

Douglas Fisher, MD will step down as Director, and remain as a board observer Douglas Fisher, MD will step down as Director, and remain as a board observer

1 year ago - GlobeNewsWire

Precipio Management Shares Thoughts on 2023, and Looks Ahead To 2024

NEW HAVEN, Conn., Dec. 14, 2023 (GLOBE NEWSWIRE) -- Management of specialty cancer diagnostics company Precipio, Inc.  ( NASDAQ: PRPO) shares thoughts and reflections looking back at 2023, and forwar...

1 year ago - GlobeNewsWire

Precipio, Inc. (PRPO) Q3 2023 Earnings Call Transcript

Precipio, Inc. (NASDAQ:PRPO) Q3 2023 Earnings Conference Call November 20, 2023 5:00 PM ET Company Participants Ilan Danieli - Chief Executive Officer Operator Welcome to the Precipio Third Quarter 2...

1 year ago - Seeking Alpha

Precipio Announces Q3-2023 Shareholder Update Call

NEW HAVEN, Conn., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO), will be hosting its Q3-2023 corporate update call on November 20th, 2023 at 5:00...

1 year ago - GlobeNewsWire

Precipio to Report $4.5M Q3-2023 Revenues, Double From Q3-2022

NEW HAVEN, Conn., Oct. 18, 2023 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO) , announces that Q3-2023 (unaudited) revenues have increased 28% to $4.5M from $3...

1 year ago - GlobeNewsWire

Precipio's Q3 Cash Burn From Operations (unaudited) Declines 59% YoY, from $2.5M in Q3-2022 to approximately $1M in Q3-2023

Company anticipates current cash levels sufficient to reach breakeven Company anticipates current cash levels sufficient to reach breakeven

1 year ago - GlobeNewsWire

Precipio Continues to Sign New HemeScreen™ Customers

NEW HAVEN, Conn., Sept. 28, 2023 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company  Precipio, Inc.   (NASDAQ: PRPO) announced that new customer orders are expected to bring total Q4 HemeScreen ...

1 year ago - GlobeNewsWire

Precipio Reduces Product Revenue Result Needed for Cash Flow Breakeven

Higher pathology revenues and lower cost structure drive down product revenue breakeven point from $8M to $6M Higher pathology revenues and lower cost structure drive down product revenue breakeven po...

1 year ago - GlobeNewsWire

Precipio Takes Final Step Towards Regaining Nasdaq Compliance

NEW HAVEN, Conn., Sept. 21, 2023 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company Precipio, Inc. ( NASDAQ: PRPO) today announced that it has implemented a 1-for-20 reverse stock split of outs...

1 year ago - GlobeNewsWire