Orasure Technologies, Inc. Provides Revenue Guidance for the Third Quarter and Fiscal Year 2021
August 03, 2021 at 04:05 pm EDT
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OraSure Technologies, Inc. provided revenue guidance for the third quarter and fiscal year 2021. For the quarter, the company expected net revenues to range from $45 million to $50 million.
For the fiscal year, the company total revenues of approximately $230 million.
OraSure Technologies, Inc. provides point-of-care and home diagnostic tests, sample management solutions, and microbiome laboratory and analytical services. The Company's product portfolio is divided into diagnostics products and sample management solutions. Its business consists of the development, manufacture, marketing and sale of diagnostic products and specimen collection devices using its technologies, as well as other diagnostic products including immunoassays and other in vitro diagnostic tests that are used on other specimen types. Its diagnostic products include tests for diseases including COVID-19, HIV and Hepatitis C that are performed on a rapid basis at the point of care, and tests for drugs of abuse that are processed in a laboratory. Its business also includes molecular sample management solutions and services that are used by clinical laboratories, direct-to-consumer laboratories, researchers, pharmaceutical companies, and animal health service and product providers.
ORASURE TECHNOLOGIES, INC. 
