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Recap: OraSure Technologies Q3 Earnings

Author: Benzinga Insights | November 07, 2023 05:40pm

OraSure Technologies (NASDAQ:OSUR) reported its Q3 earnings results on Tuesday, November 7, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

OraSure Technologies beat estimated earnings by 575.0%, reporting an EPS of $0.27 versus an estimate of $0.04.

Revenue was down $27.28 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.17 which was followed by a 32.29% increase in the share price the next day.

Here's a look at OraSure Technologies's past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate -0.08 0.14 -0.01 -0.04
EPS Actual 0.09 0.47 0.36 0.13
Revenue Estimate 63.86M 126.57M 97.10M 91.71M
Revenue Actual 85.44M 154.96M 123.08M 116.46M

To track all earnings releases for OraSure Technologies visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: OSUR

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