Specialty cancer diagnostics firm Precipio Q3 revenue rises 30% driven by new customers

Reuters
2025.11.14 21:39
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Precipio's Q3 2025 revenue increased by 30% year-over-year to $6.8 million, driven by new customer acquisitions. The company achieved a positive adjusted EBITDA, improving by over $500,000 from Q2, and generated $285,000 in cash from operations. Revenue growth was attributed to a 20% increase in pathology services and a 16% rise in the product division. The company expects gross margins to approach 50% due to operational efficiencies and financial discipline.