Brief: Precipio Signed Services Contract With Health Care Management Group Serving Several Major Hospitals Based In Cairo, Egypt

Precipio

29/04/2019 13:54

April 29 (Reuters) - Precipio Inc  PRPO.O :
    * PRECIPIO SIGNS FIRST MAJOR INTERNATIONAL SERVICES CONTRACT
    * PRECIPIO INC - SIGNED A SERVICES CONTRACT WITH A HEALTH
CARE
MANAGEMENT GROUP SERVING SEVERAL MAJOR HOSPITALS BASED IN CAIRO,
EGYPT
    * PRECIPIO INC - INITIAL TESTING REVENUES ARE FORECASTED TO
START
BY END OF Q2
    * PRECIPIO INC - PROJECTS THAT SECOND HALF OF 2019
CONSOLIDATED
REVENUES AND GROSS PROFITS WILL BE SUBSTANTIALLY INCREASED
    * PRECIPIO INC - FOLLOW-ON INTENDED BUSINESS COLLABORATIONS
WILL
INCLUDE ESTABLISHMENT OF LABORATORY OPERATIONS WITHIN EGYPT
    * PRECIPIO INC - MANAGEMENT ANTICIPATES THAT H2 CASH BURN IS
EXPECTED TO DECREASE
    * PRECIPIO -  CONTRACT EXPECTED TO GENERATE OVER $1.5
MILLION IN
REVENUES ANNUALLY

Source text for Eikon:  ID:nGNXg36l6 
Further company coverage:  PRPO.O 

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