Procaps Group (PROC) Reports Prelim Q1 Revenue of $86M

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Go back to Procaps Group (PROC) Reports Prelim Q1 Revenue of $86M

Procaps Group Reports Preliminary First Quarter 2022 Results

June 2, 2022 8:14 AM EDT

MIAMI and BARRANQUILLA, Colombia, June 02, 2022 (GLOBE NEWSWIRE) -- Procaps Group S.A. (NASDAQ: PROC) (Procaps), a leading integrated LatAm healthcare and pharmaceutical conglomerate, today announced its preliminary financial results for the quarter ended March 31, 2022 (Q1-22).

Preliminary Q1-22 Results Highlights

Net revenues for Q1-22 totaled $86 million, an increase of 11% when compared with the quarter ended March 31, 2021 (Q1-21), primarily driven by strong demand across Procaps Colombia, CAN and CASAND, as well as from our continued rollout of... More