OraSure Technologies Q2 EPS $0.09 Beats $(0.08) Estimate, Sales $85.44M Beat $63.86M Estimate
Portfolio Pulse from Benzinga Newsdesk
OraSure Technologies reported Q2 earnings of $0.09 per share, beating the analyst consensus estimate of $(0.08) by 212.5%. The company also reported quarterly sales of $85.44 million, beating the analyst consensus estimate of $63.86 million by 33.79%. This represents a 6.49% increase over sales of $80.23 million the same period last year.
August 04, 2023 | 2:42 pm
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POSITIVE IMPACT
OraSure Technologies reported strong Q2 results, beating both earnings and sales estimates. This positive financial performance could potentially lead to a short-term increase in the company's stock price.
OraSure Technologies reported Q2 earnings and sales that significantly beat analyst estimates. This strong financial performance indicates that the company is performing well, which could make the stock more attractive to investors and potentially lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100