Milestone Scientific Q1 revenue steady, operating loss narrows

Milestone Scientific

14/05/2026 12:46

Overview

US injection device maker's Q1 revenue was stable yr/yr

Operating loss narrowed as company cut expenses by over 30%

Outlook

Milestone Scientific expects 2026 revenue of $9.8 mln to $10.2 mln

Company targets cash flow breakeven in early 2027

Milestone Scientific expects improved operating leverage and reduced cash burn in 2026

Result Drivers

MIDDLE EAST SHIPPING ISSUES - Co said Q1 revenue was negatively affected by difficulties shipping booked orders to the Middle East due to ongoing conflict

MEDICAL SEGMENT GROWTH - Co said medical segment revenue more than doubled yr/yr, reflecting early-stage adoption and growing clinician interest

OPERATING EXPENSE CUTS - Co attributed narrower operating loss to a more than 30% reduction in operating expenses

Company press release: ID:nGNX1nGvz0

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$2.16 mln
$2.25 mln (2 Analysts)
Q1 Gross Profit
$1.56 mln
Q1 Operating Income
-$0.83 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the advanced medical equipment & technology peer group is "buy"

Wall Street's median 12-month price target for Milestone Scientific Inc is $1.00, about 185.4% above its May 13 closing price of $0.35

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.)