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OraSure: 4Q Earnings Snapshot

BETHLEHEM, Pa. (AP) _ OraSure Technologies Inc. (OSUR) on Wednesday reported fourth-quarter net income of $10.3 million.

On a per-share basis, the Bethlehem, Pennsylvania-based company said it had profit of 16 cents. Earnings, adjusted for non-recurring costs, were 20 cents per share.

The diagnostic test maker posted revenue of $50.2 million in the period.

For the year, the company reported profit of $20.4 million, or 33 cents per share. Revenue was reported as $181.7 million.

For the current quarter ending in April, OraSure said it expects revenue in the range of $29 million to $30.5 million.

OraSure shares have climbed almost 10 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $12.81, a fall of 36 percent in the last 12 months.


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