Protalix (PLX) Q2 2026 Earnings Call Transcript

PLX posted Q2 2026 revenue of $19.9 million, up 27% from $15.7 million in the year-ago quarter, fueled by Elfabrio sales through its partnership with Chiesi. The company reported net income of $3.8 million, or $0.05 per share, for the quarter and $22.1 million for the first half of 2026.

Management maintained full-year 2026 revenue guidance at $78 million to $83 million, implying second-half revenue between $38.2 million and $43.2 million. PLX closed the quarter with $40.7 million in cash and no debt on the balance sheet.

The company expects top-line results from its PRX-115 Phase 2 RELEASE study in the second half of 2027, a key catalyst for the pipeline asset.