ProPhase Labs Announces Positive Updates on Strategic Initiatives Company Anticipates Multiple Liquidity Events in H1 2025
ProPhase Labs, Inc. (PRPH)
US:NASDAQ Investor Relations:
prophaselabs.com/investors/annual-reports
Company Research
Source: GlobeNewswire
Projections for Pharmaloz Manufacturing: Approximately $16-17 Million in Revenue, $6-7 Million in Pre-Tax Earnings for 2025 Strategic Partnership Discussions Begin for BE-Smart Esophageal Cancer Test GARDEN CITY, NY, Oct. 17, 2024 (GLOBE NEWSWIRE) -- ProPhase Labs, Inc. (NASDAQ: PRPH) (the “Company” or “ProPhase”), a next generation biotech, genomics, and diagnostics company, today announced significant progress across several key projects. Pharmaloz Manufacturing Inc. (PMI): In Q3, the Company engaged ThinkEquity as an advisor to pursue strategic alternatives for PMI. ThinkEquity has now identified more than 70 potential acquirers for PMI, with a goal of negotiating and finalizing terms and closing in Q1 2025.PMI production is fully booked through Q1 2025, with expected 2025 revenue of approximately $16-17 million and pre-tax earnings of approximately $6-7 million.PMI begins production for a new non-seasonal client in January 2025, securing year-round business.PMI is in
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News
- ProPhase Labs Secures Global Private Equity Backing, Nears Major Lozenge Deal, Adds Seasoned Industry Expert, and Plans Significant Cost-Cutting Measures [Yahoo! Finance]Yahoo! Finance
- ProPhase Labs Secures Global Private Equity Backing, Nears Major Lozenge Deal, Adds Seasoned Industry Expert, and Plans Significant Cost-Cutting MeasuresGlobeNewswire
- ProPhase Labs Inc (PRPH) Q3 2024 Earnings Call Highlights: Strategic Launches and Financial ... [Yahoo! Finance]Yahoo! Finance
- Diamond Equity Research Releases Update Note on ProPhase Labs Inc. (NASDAQ: PRPH) [Yahoo! Finance]Yahoo! Finance
- ProPhase Labs, Inc. (PRPH) Q3 2024 Earnings Call Transcript [Seeking Alpha]Seeking Alpha
PRPH
Earnings
- 11/13/24 - Miss
PRPH
Sec Filings
- 11/21/24 - Form EFFECT
- 11/13/24 - Form 10-Q
- 11/13/24 - Form NT
- PRPH's page on the SEC website