Click to copy
Click to copy
Related topics

OraSure: 2Q Earnings Snapshot

August 6, 2019

BETHLEHEM, Pa. (AP) _ OraSure Technologies Inc. (OSUR) on Tuesday reported second-quarter earnings of $4.4 million.

On a per-share basis, the Bethlehem, Pennsylvania-based company said it had profit of 7 cents.

The diagnostic test maker posted revenue of $38.8 million in the period.

For the current quarter ending in October, OraSure said it expects revenue in the range of $39 million to $40.5 million.

The company expects full-year earnings to be 24 cents to 26 cents per share, with revenue ranging from $165 million to $170 million.

OraSure shares have fallen 33% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $7.83, a decrease of 54% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OSUR at https://www.zacks.com/ap/OSUR

All contents © copyright 2019 The Associated Press. All rights reserved.