Precipio, Inc. (PRPO)

NASDAQ: PRPO · IEX Real-Time Price · USD
0.664
+0.019 (2.91%)
At close: Mar 31, 2023, 4:00 PM
0.670
+0.006 (0.90%)
After-hours: Mar 31, 2023, 7:33 PM EDT
2.91%
Market Cap 15.15M
Revenue (ttm) 9.41M
Net Income (ttm) -12.20M
Shares Out 22.82M
EPS (ttm) -0.54
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 48,539
Open 0.664
Previous Close 0.645
Day's Range 0.630 - 0.664
52-Week Range 0.470 - 1.770
Beta 2.29
Analysts Buy
Price Target 2.91 (+338.25%)
Earnings Date May 9, 2023

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; HemeScreen, a suite of robust genetic diagnostic panels; ICE-COLD PCR, a proprietary and patented specimen technology that increases the sensitivity of molecular based tests; and COVID-19 antibody tests. It sells ICE-COLD-PCR technology ki... [Read more]

Sector Healthcare
CEO Paul Kinnon
Employees 55
Stock Exchange NASDAQ
Ticker Symbol PRPO
Full Company Profile

Financial Performance

In 2022, Precipio's revenue was $9.41 million, an increase of 6.36% compared to the previous year's $8.85 million. Losses were -$12.20 million, 43.1% more than in 2021.

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for PRPO stock is "Buy." The 12-month stock price forecast is $2.91, which is an increase of 338.25% from the latest price.

Price Target
$2.91
(338.25% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Precipio Announces 2022 Fourth Quarter and Year-End Shareholder Update Call

Conference Call to be held on Monday, April 3rd, 2023 at 5:00 PM ET Conference Call to be held on Monday, April 3rd, 2023 at 5:00 PM ET

3 days ago - GlobeNewsWire

Precipio Ships First IV-Cell® Order to Major US Healthcare System

Products Division revenues begin to diversify beyond HemeScreen® Products Division revenues begin to diversify beyond HemeScreen®

1 week ago - GlobeNewsWire

CORRECTION -- Precipio continues to sign up and onboard HemeScreen™ customers

Conversion from sales funnels developed with distribution partners alongside direct sales points to continued accelerated growth Conversion from sales funnels developed with distribution partners alon...

3 weeks ago - GlobeNewsWire

Precipio continues to sign up and onboard HemeScreen™ customers

Conversion from sales funnels developed with distribution partners alongside direct sales points to continued accelerated growth Conversion from sales funnels developed with distribution partners alon...

3 weeks ago - GlobeNewsWire

ThermoFisher Salesforce Votes Precipio's HemeScreen® as “Best New Product”

HemeScreen® Technology and Product Line singled out from thousands of products distributed by Fisher Healthcare at recent National Sales Meeting HemeScreen® Technology and Product Line singled out fro...

1 month ago - GlobeNewsWire

Precipio Signs Another Major HemeScreen™ Customer

Customer's initial annual revenue expected at $650K, $2.0M revenue at full capacity Customer's initial annual revenue expected at $650K, $2.0M revenue at full capacity

2 months ago - GlobeNewsWire

Precipio Signs Additional Major HemeScreen™ Customer

Customer to begin gradually onboarding panels in Q1-2023, potential $1.2M revenue at full capacity Customer to begin gradually onboarding panels in Q1-2023, potential $1.2M revenue at full capacity

4 months ago - GlobeNewsWire

Precipio Presents Poster on HemeScreen® Study at Association of Molecular Pathology (AMP) 2022 Annual Conference

Poster presents findings of a study of ~1000 patient samples demonstrating superior accuracy for HemeScreen™ MPN Assay Poster presents findings of a study of ~1000 patient samples demonstrating superi...

5 months ago - GlobeNewsWire

Precipio Announces Third Quarter Shareholder Update Call

Conference Call to be held on Monday, November 14th, 2022 at 5:00 PM ET Conference Call to be held on Monday, November 14th, 2022 at 5:00 PM ET

5 months ago - GlobeNewsWire

Precipio Signs Agreement with Another Major US Healthcare Distributor for HemeScreen™

Adding customer segment exceeding $100M in market potential Adding customer segment exceeding $100M in market potential

7 months ago - GlobeNewsWire

Sharon Robins Joins Precipio's Products Division as Senior Director of Laboratory & Hospital Sales

Precipio continues to build strong team in anticipation of substantial growth in the next 12 months Precipio continues to build strong team in anticipation of substantial growth in the next 12 months

7 months ago - GlobeNewsWire

Precipio Launches New 1-Step Technology for all HemeScreen Assays

New technology enables same day test results by eliminating extra confirmation step New technology enables same day test results by eliminating extra confirmation step

8 months ago - GlobeNewsWire

Toni-Ann Mills Joins Precipio's Products Division to Lead Channel Partner Training, Learning & Development

Precipio prepares to launch a nationwide HemeScreen sales effort of 250+ sales reps from AmerisourceBergen, ThermoFisher, and other distributors Precipio prepares to launch a nationwide HemeScreen sal...

8 months ago - GlobeNewsWire

Precipio Announces Second Quarter Shareholder Update Call

Conference Call to be held on Monday, August 15th, 2022 at 5:00 PM EST Conference Call to be held on Monday, August 15th, 2022 at 5:00 PM EST

8 months ago - GlobeNewsWire

Precipio to distribute HemeScreen® through Fisher Healthcare channel

Agreement Enhances Precipio's Product Reach to US Laboratories Agreement Enhances Precipio's Product Reach to US Laboratories

9 months ago - GlobeNewsWire

Precipio requests that all Stockholders that have not yet voted, proceed to cast their vote

Meeting Adjourned, new meeting set for July 5th at 10am EDT Meeting Adjourned, new meeting set for July 5th at 10am EDT

10 months ago - GlobeNewsWire

Keith Meadors Joins Precipio to Lead its Products Division

Seasoned, experienced industry executive with a track record of managing 9-figure revenue sales organizations Seasoned, experienced industry executive with a track record of managing 9-figure revenue ...

10 months ago - GlobeNewsWire

Precipio Receives CE-IVD Certification to Market Multiple HemeScreen® Panels in Europe

This Regulatory Approval Opens the Company's Reach to the European Market This Regulatory Approval Opens the Company's Reach to the European Market

11 months ago - GlobeNewsWire

Precipio Signs First IV-Cell Customer Agreement

Laboratory operating both HemeScreen® & IV-Cell® demonstrates significant cross-sell potential Laboratory operating both HemeScreen® & IV-Cell® demonstrates significant cross-sell potential

11 months ago - GlobeNewsWire

Precipio customer American Oncology Network (AON) selected to present HemeScreen® technology case study at Industry leading clinical laboratory conference

NEW HAVEN, Conn., April 26, 2022 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company  Precipio, Inc.   (NASDAQ: PRPO) , is excited to announce its participation and the presentation of HemeScreen...

1 year ago - GlobeNewsWire

Precipio Announces 2021 Fourth Quarter and Year-End Shareholder Update Call

Conference Call to be held on Monday, April 4th, 2022 at 5:00 PM EST Conference Call to be held on Monday, April 4th, 2022 at 5:00 PM EST

1 year ago - GlobeNewsWire

Precipio Inc. Announces the Resignation of its Chief Financial Officer and Appointment of Interim CFO

NEW HAVEN, Conn., March 21, 2022 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO) , today announced that Mr. Carl Iberger, Precipio's CFO for the past five years,...

1 year ago - GlobeNewsWire

Precipio Releases Year-End 2021 Preliminary Unaudited Results and Outlook for 2022

NEW HAVEN, Conn., Feb. 24, 2022 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company Precipio, Inc. (NASDAQ: PRPO) , today announced its unaudited and preliminary results for 2021. The Company ant...

1 year ago - GlobeNewsWire

New York State Approves Precipio's HemeScreen for POL clinical use

New York Cancer & Blood POL will commence the use of HemeScreen in its laboratory New York Cancer & Blood POL will commence the use of HemeScreen in its laboratory

1 year ago - GlobeNewsWire

Precipio Announces Q3-2021 and year-end Shareholder Update Call

Conference Call to be held on Monday, November 15th, 2021 at 5:00 PM EST Conference Call to be held on Monday, November 15th, 2021 at 5:00 PM EST

1 year ago - GlobeNewsWire