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OraSure: 3Q Earnings Snapshot

November 7, 2019 GMT

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.


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