OraSure: Q3 Earnings Snapshot

Audio By Carbonatix

BETHLEHEM, Pa. (AP) _ OraSure Technologies Inc. (OSUR) on Wednesday reported a loss of $15 million in its third quarter.

The Bethlehem, Pennsylvania-based company said it had a loss of 21 cents per share.

The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 5 cents per share.

The diagnostic test maker posted revenue of $53.9 million in the period, which beat Street forecasts. Three analysts surveyed by Zacks expected $47.5 million.

For the current quarter ending in December, OraSure said it expects revenue in the range of $60 million to $63 million.

The company expects full-year revenue in the range of $230 million to $233 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OSUR at https://www.zacks.com/ap/OSUR