OraSure: Q2 Earnings Snapshot
BETHLEHEM, Pa. (AP) _ OraSure Technologies Inc. (OSUR) on Tuesday reported a loss of $18.8 million in its second quarter.
On a per-share basis, the Bethlehem, Pennsylvania-based company said it had a loss of 26 cents. Earnings, adjusted for one-time gains and costs, came to less than 1 cent on a per-share basis.
The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 14 cents per share.
The diagnostic test maker posted revenue of $80.2 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $70.9 million.
For the current quarter ending in October, OraSure said it expects revenue in the range of $90 million to $95 million.