Healthcare firm OPKO's Q3 revenue falls

Reuters
10/30
Healthcare firm OPKO's Q3 revenue falls 

Overview

  • OPKO Q3 2025 total revenue declines to $151.7 mln from $173.6 mln in 2024

  • Operating income rises to $48.1 mln in Q3 2025, aided by asset sale gain

  • Net income for Q3 2025 stable at $21.6 mln, EPS remains $0.03

Outlook

  • Company did not provide specific financial guidance for future periods in its press release

Result Drivers

  • REGENERON COLLABORATION - OPKO entered a research collaboration with Regeneron Pharmaceuticals, potentially exceeding $1 bln in value, which could drive future revenue through milestone payments and royalties

  • ASSET SALE TO LABCORP - Sale of BioReference oncology assets to Labcorp for $225 mln contributed to operating income gain

  • COST REDUCTION - Lower clinical test volumes from asset sale and cost-reduction initiatives at BioReference reduced expenses

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue from Services

$95.20 mln

Q3 Net Income

$21.60 mln

Q3 Basic EPS

$0.03

Q3 Operating Income

$48.10 mln

Q3 Pretax Profit

$41.40 mln

Analyst Coverage

  • The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 6 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the healthcare facilities & services peer group is "buy."

  • Wall Street's median 12-month price target for OPKO Health Inc is $3.00, about 52% above its October 28 closing price of $1.44

Press Release: ID:nGNX67ggkq

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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