OraSure Technologies Shifts Focus Amid Revenue Drop
Company Announcements

OraSure Technologies Shifts Focus Amid Revenue Drop

Orasure Technologies ( (OSUR) ) has issued an update.

OraSure Technologies reported a Q3 2024 revenue of $39.9 million, with a GAAP EPS of $(0.06). The company sees gradual recovery in key markets and aims to focus on profitable growth areas by exiting the Risk Assessment business. Despite a 55% revenue drop compared to last year, the strategic transformation and operational efficiency are yielding positive cash flow, supporting future growth investments.

See more data about OSUR stock on TipRanks’ Stock Analysis page.

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