OraSure Technologies (OSUR) Tops Q4 EPS by 1c

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OraSure Announces Record 2017 Fourth Quarter and Full-Year Financial Results

February 7, 2018 4:00 PM EST

BETHLEHEM, Pa., Feb. 07, 2018 (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 fourth quarter and full-year ended December 31, 2017.

Financial Highlights

Consolidated net revenues for the fourth quarter of 2017 were $52.0 million, a 47% increase from the fourth quarter of 2016. Consolidated net product revenues were $50.2 million, representing a 75% increase over the fourth quarter of 2016. Consolidated net revenues for the year ended December 31, 2017 were $167.1 million, a 30% increase from the comparable period... More