M&A
confidence high
sentiment negative
materiality 0.70
Pro forma combined net loss $49.1M, diluted EPS ($0.66) for 2024 after Sherlock acquisition
ORASURE TECHNOLOGIES INC
- Acquisition closed Dec 19, 2024; consideration includes $5M upfront, up to $20M milestones, and royalties.
- Pro forma combined net loss $49.1M vs OraSure standalone net loss $19.5M for year ended Dec 31, 2024.
- Pro forma diluted EPS ($0.66) vs standalone ($0.26) on 74.4M shares.
- $17M in-process R&D intangible asset recognized for CT/NG test; goodwill $2.5M.
- Contingent consideration fair value estimated at $22.9M ($15.9M milestone + royalties).