OraSure Announces First Quarter 2026 Financial Results
OraSure reported Q1 revenue of $27.9 million, beating the midpoint of its guidance range, while gross margin expanded 120 basis points to 42.3%. The company repurchased approximately 1.8 million shares for $5 million during the quarter and ended the period with $177 million in cash.
Key figures
- Revenue
- 27925000
- Guidance
- Q2 2026 Total revenues of $27 million to $30 million
- Revenue Yoy
- -7%
- Gross margin
- 42.3%
- Cash equivalents
- 176964000
- Non gaa gross margin
- 43.4%
AI analysis
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