OraSure reports Q4 EPS 36c, consensus (1c)

Reports Q4 revenue $123.08M, consensus $97.1M. "This quarter we have delivered clear progress on our transformation journey to Strengthen our foundation. We identified meaningful expense reductions through restructuring our two business units into a single organization, reducing our non-production workforce by 11%, and lowering manufacturing costs. Importantly, this quarter we further increased our cash balance that will help fund investments for our future," said OraSure President and CEO Carrie Eglinton Manner.