OraSure Technologies (OSUR) Tops Q3 EPS by 4c

OraSure Technologies (NASDAQ: OSUR) reported Q3 EPS of $0.03, $0.04 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $29.9 million versus the consensus estimate of $29.58 million.

OraSure Technologies sees Q4 2015 EPS of $0.03-$0.04, versus the consensus of $0.01. OraSure Technologies sees Q4 2015 revenue of $29.5-30 million, versus the consensus of $30.97 million.

”We are pleased with the Company’s financial results for the third quarter,” said Douglas A. Michels, President and CEO of OraSure Technologies. “Our molecular collection systems segment continued its solid performance with a second consecutive quarter of more than $7 million in revenues. In addition, our HCV business once again generated strong quarterly growth on both a year-over-year basis and sequentially when compared to the second quarter of this year. We expect these businesses will continue to be the primary growth drivers for our Company.”

For earnings history and earnings-related data on OraSure Technologies (OSUR) click here.

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