OraSure Technologies (OSUR) Tops Q1 EPS by 3c

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Go back to OraSure Technologies (OSUR) Tops Q1 EPS by 3c

OraSure Announces 2017 First Quarter Financial Results

May 3, 2017 4:00 PM EDT

BETHLEHEM, Pa., May 03, 2017 (GLOBE NEWSWIRE) -- OraSure Technologies, Inc. (NASDAQ: OSUR), a leader in point-of-care diagnostic tests and specimen collection devices, today announced its consolidated financial results for the first quarter ended March 31, 2017.

Financial Highlights

Consolidated net revenues for the first quarter of 2017 were $32.5 million, a 12% increase from the first quarter of 2016. Net product revenues were $31.5 million, representing a 25% increase over the first quarter of 2016. Net molecular collection systems revenues were $10.7 million during the first quarter of 2017, which represents a 55% increase over the first quarter... More