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-0.00339100346020755 -0.00339100346020755 -0.00346020761245667 0.00346020761245683 0 -0.00346020761245667 -0.0069204152249135 -0.0103806228373702
Stock impact report

OPKO Health (OPK) Q2 Earnings Top Estimates, Gross Margin Down [Yahoo! Finance]

Opko Health, Inc. (OPK) 
Last opko health, inc. earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.opko.com
Company Research Source: Yahoo! Finance
Revenues in Detail OPKO Health registered revenues of $182.2 million in the second quarter, down 31.3% year over year. The figure, however, missed the Zacks Consensus Estimate by 1.7%. Lower revenues from products and transfer of intellectual property and other dragged the overall top line. Segmental Revenues OPKO Health manages its operations through two reportable segments – Diagnostics and Pharmaceuticals. Within the Diagnostics arm, revenues from services amounted to $129.4 million in the reported quarter, up 1.9% year over year, primarily resulting from higher clinical test reimbursement. This was partially offset by lower clinical test volume. This compares to our projection of $128.8 million from services revenues in the second quarter. Within the Pharmaceuticals arm, revenues from products declined 6.9% to $40.5 million, reflecting lower sales in OPKO Health's international operating companies primarily due to foreign currency exchange fluctuations. This compares Show less Read more
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