OraSure: Q2 Earnings Snapshot

August 9, 2022 GMT

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.

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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