Protalix swings to Q2 profit of USD 3.8 million; revenue from selling goods rises 28.5% to USD 19.8 million - PLX News | RalliesProtalix swings to Q2 profit of USD 3.8 million; revenue from selling goods rises 28.5% to USD 19.8 million
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PLX• Q2 results
- Protalix posts Q2 net income of USD 3.8 million, or USD 0.05 per share, versus USD 164,000 a year earlier.
- Revenue from selling goods rises 28.5% to USD 19.8 million, driven mainly by higher sales of Elfabrio.
- First-half net income totals USD 22.1 million, turning from a loss of USD 3.5 million; total revenue more than doubled to USD 53.6 million.
Cash position and outlook
- Cash, cash equivalents and short-term bank deposits end June at USD 40.7 million, cited as sufficient to fund operations including PRX-115 Phase 2.
- 2026 total revenue outlook maintained at USD 78 million-USD 83 million; PRX-115 Phase 2 top-line results expected in 2H 2027.
