OraSure Technologies, Inc. (OSUR) Tops Q1 EPS by 3c

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

OraSure Announces 2014 First Quarter Financial Results

May 7, 2014 4:00 PM EDT

BETHLEHEM, Pa., May 7, 2014 (GLOBE NEWSWIRE) -- OraSure Technologies, Inc. (Nasdaq: OSUR), a market leader in oral fluid diagnostics, today announced its consolidated financial results for the first quarter of 2014.

Financial Highlights

Consolidated net revenues for the first quarter of 2014 were $23.5 million, an 11% increase from the comparable quarter of 2013. Net product revenues increased 12% primarily due to higher revenues from the Company's molecular collection systems subsidiary, DNA Genotek ("DNAG"), and higher sales of the Company's OraQuick® HCV test, cryosurgical systems products, and OraQuick® In-Home HIV test. Net revenues generated... More