NEW YORK – OraSure Technologies reported after the close of the market on Wednesday that its second quarter revenues fell 25 percent year over year, with a decline in revenues for genomics and infectious disease testing products offsetting increased revenues in specimen collection devices.
For the three months ended June 30, the Bethlehem, Pennsylvania-based company reported revenues of $29.3 million, down from $38.8 million a year earlier and missing the analysts' average estimate of $32.8 million.