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Precipio Revenue Rises 8% as Filing Flags Going-Concern Doubt

Product revenue totaled $1 million, while pathology services generated $6.3 million. The filing also disclosed substantial doubt about the company’s ability to continue operating over the next 12 months.

A stained tissue slide sits beneath a laboratory microscope / TokenPost.ai
A stained tissue slide sits beneath a laboratory microscope / TokenPost.ai

Precipio, Inc. generated $7.3 million in third-quarter revenue, up 8% from a year earlier, while its latest filing disclosed doubt about its ability to continue operating over the next 12 months.

Product revenue was $1 million, and pathology services generated $6.3 million.

The company disclosed substantial doubt about its ability to continue as a going concern over the next 12 months. It may need additional financing to meet debt obligations and liabilities from normal business operations when they come due.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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