MarketWatch
Market Pulse: OraSure Tech quarterly profit surges
Tuesday August 2, 4:49 pm ET
By Gabriel Madway
SAN FRANCISCO (MarketWatch) -- OraSure Technologies Inc. after Tuesday's closing bell reported second-quarter net earnings of $1.4 million, or 3 cents a share, vs. $142,000, or breakeven a share, in the year-ago periord. Revenue at the Bethlehem, Pa.-based medical products manufacturer rose to $17.4 million from $13.2 million. The company raised its 2005 earnings forecast to 14 cents to 16 cents a share from 10 cents to 12 cents a share.