OraSure Technologies (OSUR) Misses Q1 EPS by 6c

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Go back to OraSure Technologies (OSUR) Misses Q1 EPS by 6c

OraSure Announces 2020 First Quarter Financial Results and Provides COVID-19 Update

May 6, 2020 4:01 PM EDT

BETHLEHEM, Pa., May 06, 2020 (GLOBE NEWSWIRE) -- OraSure Technologies, Inc. (NASDAQ: OSUR), a leader in point-of-care diagnostic tests, specimen collection devices and microbiome laboratory and analytical services, today announced its financial results for the three months ended March 31, 2020 and provided an update on COVID-19 activities.

Financial and Business Highlights

Net revenues for the first quarter of 2020 were $31.6 million, a 5% increase from the first quarter of 2019. Net product and services revenues were $30.9 million, a 9% increase from the first quarter of 2019. Excluding cryosurgical revenues,... More