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IDXG — Interpace Biosciences News Story

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Interpace Biosciences Q2 revenue falls despite growth in thyroid business

Interpace Biosciences Q2 revenue falls despite growth in thyroid business


Overview

  • U.S. thyroid diagnostics firm's Q2 revenue fell 1% yr/yr, up 9% on thyroid-only basis

  • Company posted net income from continuing operations, reversing prior-year loss

  • Gross margin expanded and adjusted EBITDA improved following shift to thyroid-only business


Outlook

  • Company expects continued margin expansion through the remainder of 2026

  • Interpace does not expect pancreatic cancer program to contribute revenue in 2026


Result Drivers

  • THYROID REVENUE GROWTH - Co said 9% yr/yr increase in thyroid revenue and 6% rise in thyroid test volume supported results

  • OPERATIONAL EFFICIENCY - Co attributed margin expansion to laboratory automation and AI-enabled productivity initiatives

  • IMPROVED COMMERCIAL EXECUTION - Co cited increased average revenue per test, improved days sales outstanding, and faster turnaround times


Company press release: ID:nGNX5KNMS2


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Revenue

$9.13 mln

Q2 Net Income

$158,000

Q2 Gross Profit

$5.65 mln

Q2 Net Income from Continuing Operations

$266,000

Q2 Operating Expenses

$5.33 mln

Q2 Operating Income

$321,000


Reuters Recommended Reads

  • Aug 9 - RadNet raises outlook as Q2 revenue jumps 25%, adjusted EPS beats estimates

  • Aug 10 - Bionano Genomics Q2 revenue rises on increased clinical adoption

  • Aug 10 - Quanterix Q2 revenue rises 34% but cuts 2026 outlook


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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