OraSure Technologies (OSUR) Tops Q1 EPS by 3c

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OraSure Announces 2018 First Quarter Financial Results

May 2, 2018 4:00 PM EDT

BETHLEHEM, Pa., May 02, 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 quarter ended March 31, 2018.

Financial Highlights

Consolidated net revenues for the first quarter of 2018 were $42.0 million, a 29% increase from the first quarter of 2017. Consolidated net product revenues were $38.3 million, representing a 22% increase over the first quarter of 2017.Net molecular collection systems revenues were $18.4 million during the first quarter of 2018, which represents a 72% increase over... More