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A Look at Interpace Diagnostics Financials, Drug Pipeline and Market Opportunity

NEW YORK, NY / ACCESSWIRE / April 4, 2017 / Traders News Source, a leading independent equity research and corporate access firm focused on small and micro-cap public companies is issuing a comprehensive report with no obligation on Interpace Diagnostics Group, Inc. (NASDAQ: IDXG). Interpace Revenue for the three- and twelve-month periods ended December 31, 2016 was $3.1 million and $13.1 million, respectively, an increase of 22% and 39% over the prior year periods. Net Income for the three- and twelve-month periods ended December 31, 2016 was $6.3 million and $(8.3) million, respectively, as against $4.4 million and $(11.4) for the same periods of the prior year.

2016 has proven to be a breakout year for IDXG, including strong revenue growth & significant cost reductions. From a balance sheet perspective, the company raised $14 million in gross equity and restructured over $9.3 million of secured debt, thereby partially improving its liquidity. The company’s liquidity has deteriorated in the past as negative profitability coincided with high payment obligations. However, recent restructuring is expected to lend substantial comfort to IDXG’s overall financial flexibility.

The following report offers an in-depth look at Interpace’s drug pipeline and market opportunity READ MORE.

Copy and paste to your browser may be required to view the report- http://tradersnewssource.com/idxg/

Over the last year, IDXG has transitioned into a fully integrated, commercially based molecular diagnostics entity. The company could have a strong base, as well as momentum into 2017, especially with its recent accomplishments, including New York State and AETNA approvals of ThyraMIR®, its microRNA assay, that is complementary to ThyGenX®.

Proposed expansion plans and momentum drivers are discussed in this report READ MORE.

Copy and paste to your browser may be required to view the report- http://tradersnewssource.com/idxg/

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SOURCE: Traders News Source

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