Filing Flows › Orasure Technologies (OSUR) › Q4 2024
Orasure Technologies (OSUR) Q4 2024 earnings results (fourth quarter 2024)
10-K filed Mar 7, 2025
Orasure Technologies (OSUR) reported revenue of $37.4M for the fourth quarter 2024 (Q4 2024), -51% from a year earlier and -6% from the quarter before. Operating margin was -33.2%, net loss $10.8M (28.8% of revenue).
Orasure Technologies, Q4 2024: revenue $37.4M (-51% year over year), operating margin -33.2%, net loss $10.8M, operating cash flow $109K. The chart follows the revenue to costs, profit and cash.
| Q4 2024 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $37.4M | -6% | -51% |
| Operating profit | −$12.4M | — | — |
| Net earnings | −$10.8M | — | — |
| Operating cash flow | $109K | -99% | -100% |
What changed
Revenue was $37.4M in Q4 2024, down 51% year over year and down 6% from the previous quarter. Products and services was the largest line at 99% of revenue.
Gross margin was 36.2%, down 10.1 points from a year earlier. Operating costs exceeded revenue by $12.4M, an operating margin of -33.2%. Operating expenses fell 17% while revenue fell 51%. The quarter ended with a net loss of $10.8M, wider than the previous quarter's $4.5M loss. Non-operating items added $2.4M, -24% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $109K (down 100% year over year). Non-cash charges added back $2.5M of depreciation and amortization and $2.7M of share-based compensation. Working capital and other items added $5.7M. Capital expenditures of $456K exceeded it, leaving free cash flow of −$347K.
Questions
What was Orasure Technologies' revenue in the fourth quarter 2024?
Orasure Technologies (OSUR) reported revenue of $37.4M for the fourth quarter 2024 (Q4 2024), -51% from a year earlier and -6% from the quarter before.
Was Orasure Technologies profitable in the fourth quarter 2024?
Operating loss was $12.4M (-33.2% of revenue) and net loss $10.8M.