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