Prenetics Global Q1 Loss Widens, Revenue Rises; Issues Q2 Revenue Guidance

MT Newswires Live06-10

Prenetics Global (PRE) reported a Q1 loss Wednesday of $1.36 per diluted share, widening from a loss of $0.80 a year earlier.

Four analysts surveyed by FactSet expected a loss of $0.84.

Revenue for the quarter ended March 31 was $35.95 million, up from $8.28 million a year earlier.

Four analysts polled by FactSet expected $36.8 million.

The company said it expects Q2 revenue of $46 million to $48 million. Four analysts surveyed by FactSet expect $45.9 million.

The company said it raised its 2026 IM8 revenue guidance to $190 million to $210 million, from $180 million to $200 million previously.

Prenetics Global also said it appointed Brian Rosin as chief financial officer of the IM8 brand.

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