How did OSUR's revenue and expenses trend in Q4 2024 compared to previous quarters?
4/14/2025 02:43pm
Orasure Technologies (OSUR) experienced a significant increase in revenue and a corresponding rise in expenses from Q3 to Q4 2024, with the total revenue reaching $185.83 million and total expenses amounting to $54.13 million in Q4 2024:
1. **Revenue Trend**: The revenue for Q4 2024 was $185.83 million, which is a substantial increase from the $148.38 million reported in Q3 2024. This indicates a strong revenue growth period for the company, potentially due to factors such as market expansion, product sales, or strategic initiatives.
2. **Expense Trend**: The total expenses for Q4 2024 were $54.13 million. While the exact figures for Q2 and Q1 2024 are not provided, the increase from Q3 to Q4 suggests that the company may have incurred additional expenses during this period. This could be due to increased operational costs, research and development, or other factors affecting the bottom line.
3. **Comparison with Previous Quarters**: When comparing Q4 2024 to the previous quarters, it is clear that both revenue and expenses reached their highest values. This indicates a strong financial performance for the company during this period, which could be indicative of effective management and market positioning.
|code|Ticker|Name|Date|Total Revenue (FY)|Total Expenses (FY)|Net Income (FY)|market_code|
|---|---|---|---|---|---|---|---|
|OSUR|OSUR.O|Orasure Technologies|2023|4.05472E8||5.3655E7|185|