OraSure Technologies (OSUR) Misses Q1 EPS by 6c

OraSure Technologies (NASDAQ: OSUR) reported Q1 EPS of ($0.12), $0.06 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $31.6 million versus the consensus estimate of $29.23 million.

Full- Year 2020 Guidance

The Company is withdrawing its previously announced full-year 2020 financial guidance because of the unpredictable impact of the COVID-19 global pandemic on its results of operations. Although the Company may be able to capture new revenue opportunities from the initiatives described above, the pandemic is also likely to affect certain business lines negatively, and the extent of either effect is impossible to estimate reliably at this time.

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

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