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Stock impact report

Potential Sequential Revenue Run-Rate Growth of 30% over Q1, based on Preliminary April Results

Precipio, Inc. (PRPO) 
US:NASDAQ Investor Relations: precipiodx.com/investors.html
Company Research Source: GlobeNewswire
NEW HAVEN, Conn., May 22, 2018 (GLOBE NEWSWIRE) -- Specialty cancer diagnostics company Precipio, Inc. (NASDAQ:PRPO), today announced accelerating sales of its Pathology services in the month of April, indicating anticipated sequential double digit quarterly sales growth. Of the numerous key performance indicators (KPI) we track, two of the most important are average number of cases per day, and total case volume, both of which increased in April at a quarterly run rate of approximately ~150% over Q1. Other KPI’s tracking similarly in April include new accounts for oncology practices, and number of ordering physicians, which increased by 80% and 170% respectively, indicating adoption of our message and value proposition by new customers. Additionally, new hospital accounts increased by 200% on a quarterly run rate, with the same number of hospitals added in April as in the entire first quarter. This indicates a strong pipeline of business volume and subsequent growth of revenues. Show less Read more
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