NASDAQ$OSUR

OraSure Technologies Inc · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

OraSure reported a strong Q4 2020 earnings with revenue growth driven by increased demand for molecular collection devices and strong performance in diagnostics.

OraSure Technologies, Inc. reported strong financial results for the fourth quarter of 2020, with revenue increasing by 41% compared to the same period in the previous year. The company's growth was primarily driven by increased demand for molecular collection devices, as well as strong performance in diagnostics. OraSure is optimistic about its future prospects and expects continued growth in the coming years.

  • OraSure's Q4 2020 revenue increased by 41% year-over-year.
  • Molecular collection devices revenue grew significantly, driven by increased demand.
  • Diagnostics segment demonstrated strong performance.
  • The company is optimistic about future growth prospects.

Headline financials

Total Revenue

$62.9M

Previous: $49.7M+26.6%
EPS (adj)

$0.03

Previous: $0.06-50.0%
Capital Expenditures

$15.4M

Previous: $1.35M+1041.2%
Free Cash Flow

-$11.8M

Previous: -$2.39M-395.6%
Net Income

$2.54M

Previous: $2.44M+4.3%
Operating Income

$3.29M

Previous: $4.09M-19.4%
Gross Profit

$33M

Previous: $29.8M+10.6%
Cash & Equivalents

$161M

Previous: $75.7M+112.4%
Total Assets

$454M

Previous: $349M+30.1%
Stock-Based Comp

$1.23M

Previous: $774K+58.4%

Revenue & EPS history

OraSure · Revenue · Quarterly

$62.9M

Q4 2020+26.6%vs Q4 2019
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Forward guidance

OraSure expects revenue for the first quarter of 2021 to be between $58 million and $61 million.

Tailwinds

  • Continued demand for molecular collection devices
  • Growth in diagnostics segment
  • Expansion into new markets
  • Strong financial position
  • Innovative product pipeline

Headwinds

  • Uncertainty related to the COVID-19 pandemic
  • Competition in the diagnostics market
  • Dependence on key suppliers
  • Potential for product liability claims
  • Fluctuations in foreign currency exchange rates

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q4 2020

Historical avgQ4 2020

-2.1%

Avg return

Earnings day

+0.4%

Avg return

5 days after

-2.4%

Avg return

30 days after

39%

25 / 64 earnings

Positive

+31.7%

Q2 2023

Best reaction

-32.1%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-2.2%-2.9%
Q4 2025+10.0%+6.4%+7.1%
Q3 2025-6.6%-4.3%-3.1%
Q1 2025-6.8%-5.0%+3.6%
Q4 2024-23.5%-10.8%-14.2%
Q3 2024-1.2%-1.2%-8.9%
Q2 2024+2.6%-0.2%+5.7%
Q1 2024-8.8%-6.9%-15.3%
Q4 2023+10.3%+3.7%-12.3%
Q3 2023+4.9%+14.5%+22.2%
Q2 2023+31.7%+43.9%+42.8%
Q1 2023+9.2%-20.8%-22.3%
Q4 2022+10.4%+18.8%+30.1%
Q3 2022+0.7%+20.8%+18.5%
Q2 2022+28.3%+38.6%+18.8%
Q1 2022-8.9%-3.9%-48.8%
Q4 2021-1.3%-0.8%-13.0%
Q3 2021-4.9%-7.7%-19.8%
Q2 2021+1.2%-0.7%-4.1%
Q1 2021+5.0%+5.1%+0.2%
Q4 2020-2.3%+2.1%+1.5%
Q3 2020-15.6%-15.4%-20.6%
Q2 2020-32.1%-24.6%-46.9%
Q1 2020+6.1%+15.6%-33.1%
Q4 2019-6.7%-6.1%+8.5%
Q3 2019-3.1%-6.9%-10.3%
Q2 2019-3.3%-5.2%-14.4%
Q1 2019-8.0%-12.6%-12.7%
Q4 2018-25.5%-18.3%-14.8%
Q3 2018-8.7%-6.6%-15.0%
Q2 2018-0.6%-1.0%-5.8%
Q1 2018-15.4%-11.0%-2.4%
Q4 2017-12.8%-13.4%-9.5%
Q3 2017-30.3%-26.6%-13.8%
Q2 2017+13.5%+19.4%+17.4%
Q1 2017+16.9%+10.9%+17.6%
Q4 2016+18.9%+18.9%+29.9%
Q3 2016-0.1%+1.4%+14.3%
Q2 2016+4.6%+8.5%+30.7%
Q1 2016-6.6%
Q4 2015+14.7%
Q3 2015+0.4%
Q2 2015+7.0%
Q1 2015-12.3%
Q4 2014-11.9%
Q3 2014+2.9%
Q2 2014-7.7%
Q1 2014-9.2%
Q4 2013+9.5%
Q3 2013-0.3%
Q2 2013+10.2%
Q1 2013-0.4%
Q4 2012-12.4%
Q3 2012-16.4%
Q2 2012-7.1%
Q1 2011+5.0%
Q1 2012-5.9%
Q4 2011+4.6%
Q3 2011-5.6%
Q4 2010-12.5%
Q2 2011-12.5%
Q3 2010+6.6%
Q2 2010-7.0%
Q1 2010-15.4%

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