earnings
confidence high
sentiment neutral
materiality 0.80
OPKO Health Q1 revenue down 14% to $149.9M; net loss narrows to $67.6M; signs $225M Labcorp asset sale
OPKO HEALTH, INC.
2025-FY EPS
reported -$0.10
vs consensus -$0.07
▼ miss
(-44.3%)
- Revenue $149.9M vs $173.7M YoY; net loss $0.10 per share vs $0.12 per share.
- Signed definitive agreement to sell oncology testing assets to Labcorp for up to $225M ($192.5M at close + $32.5M earnout); expected close H2 2025.
- Board authorized additional $100M for stock buyback (total $200M); ~$40.2M repurchased under prior program since July 2024.
- Post-quarter: exchanged $159.2M convertible notes for 121.4M shares + $63.5M cash.
- Collaboration with Entera Bio for oral GLP-1/glucagon tablet; OPKO purchased 3.7M Entera shares at $2.17/share.