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OPKO Health Q2 Loss Narrows, Revenue Rises; Shares Gain After Hours

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OPKO Health (OPK) reported a Q2 loss late Monday of $0.01 per diluted share, narrowing from the loss of $0.19 a year earlier.

Analysts polled by FactSet expected a loss of $0.08.

Revenue in the three months ended June 30 rose to $163.5 million from $156.8 million a year earlier.

Analysts expected $131.2 million.

OPKO expects Q3 revenue of $131 million to $142 million. Analysts project $134.7 million.

The company expects full-year revenue of $560 million to $585 million. Analysts project $536.8 million.

OPKO shares rose 18% in after-hours trading.

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OPKO Health Q2 Loss Narrows, Revenue Rises; Shares Gain After Hours | FINWIRES