Finance

Oral fluid diagnostics company announces financial results

Published in AIDS Weekly, August 29th, 2005

OraSure Technologies, Inc., (OSUR) announced record revenues of $17.4 million for the quarter ended June 30, 2005, representing a 32% increase over the $13.2 million in revenues recorded for the comparable period in 2004.

The company's net income was $1.4 million, or $0.03 per share on a basic and fully diluted basis, for the second quarter of 2005. These results compare to net income of $142,000, or $0.00 per share on a basic and fully diluted basis, reported in the second quarter of 2004.

For the 6 months ended June 30, 2005, the company had revenues of $33.3 million, a 30% increase over revenues of $25.6 million for the 6 months ended June 30,...

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Source: AIDS Weekly (2005-08-29)

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