Market Overview

OPKO Health: Q3 Earnings Insights

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Shares of OPKO Health (NASDAQ:OPK) fell 6.4% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 144.44% year over year to $0.04, which were in line with the estimate of $0.04.

Revenue of $428,100,000 higher by 87.11% from the same period last year, which beat the estimate of $374,360,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details

Date: Oct 29, 2020

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/qfhg6q72

Recent Stock Performance

Company's 52-week high was at $6.47

Company's 52-week low was at $1.12

Price action over last quarter: down 23.40%

Company Description

Opko Health is a diversified biotechnology company that operates pharmaceutical and diagnostic development programs. Opko's diagnostics business includes a core genetic testing operation. It has a development and commercial supply pharmaceutical company, as well as a global supply-chain operation and holding company in Ireland. Opko also owns a specialty active pharmaceutical ingredients manufacturer in Israel. The company's bio-reference testing business consists of routine testing and esoteric testing. Routine tests measure various health parameters, such as the functions of the heart, kidney, liver, thyroid, and other organs.

 

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Posted-In: Earnings