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Mdxhealth exits Resolve UTI business, focuses on prostate cancer diagnostics with 13% revenue growth in Q1 2026

Company Fundamentals
13 May 2026
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Neutral
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Mdxhealth reported a 13% revenue increase to $27.4 million in Q1 2026 but decided to discontinue its Resolve UTI test and Plano lab due to reimbursement challenges. The company is refocusing on its core prostate cancer diagnostics and integrating AI to enhance its offerings. Despite a net loss of $8.9 million, Mdxhealth expects 20-26% revenue growth in its core cancer business for 2026, excluding Resolve. This strategic shift aims to improve market share and operational efficiency moving forward.

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