OraSure: 3Q Earnings Snapshot
BETHLEHEM, Pa. (AP) _ OraSure Technologies Inc. (OSUR) on Wednesday reported third-quarter earnings of $13.1 million.
The Bethlehem, Pennsylvania-based company said it had net income of 21 cents per share. Earnings, adjusted for non-recurring gains and gains related to mergers and acquisitions, were 5 cents per share.
The diagnostic test maker posted revenue of $36 million in the period.
OraSure expects full-year earnings to be 28 cents to 31 cents per share, with revenue in the range of $150 million to $153 million.
OraSure shares have dropped 24% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $8.88, a drop of 39% in the last 12 months.