OPK
OPKO Health, Inc.1.3100
-0.0400-2.96%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
1.04BP/E (TTM)
-Basic EPS (TTM)
-0.24Dividend Yield
0%Recent Filings
10-Q
8-K
8-K
OPKO sells oncology assets to Labcorp
OPKO Health completed the sale of BioReference's oncology and related clinical testing assets to Labcorp on September 15, 2025, for $192.5 million in cash at closing, with up to $32.5 million more in potential earnout. This sharpens BioReference's focus on core New York and New Jersey operations plus the 4Kscore Test franchise, which generated $300 million in 2024 revenue. Proceeds will partly fund OPKO's expanded share repurchase. Yet risks linger on earnout realization.
10-Q
Q2 FY2025 results
OPKO Health's Q2 revenue dipped 14% year-over-year to $156.8M, driven by a 22% drop in diagnostics services to $101.1M after divesting non-core lab operations, while pharma products held steady at $40.7M and IP transfers rose 22% to $15.0M on BARDA funding gains. Operating loss narrowed to $60.0M from $61.7M, thanks to cost cuts trimming SG&A 13% and cost of revenue 18%, though R&D climbed 26% to $30.3M amid ModeX pipeline advances. Cash fell to $271.7M after $118M operating burn, but $37.7M investing inflows from GeneDx sales and $80.5M remaining convertible notes provide runway; the pending $225M Labcorp oncology deal could bolster liquidity. Free cash flow turned negative at -$124.5M (derived). Yet regulatory hurdles loom in diagnostics reimbursement.
8-K
OPKO Q2 revenues dip
OPKO Health reported Q2 2025 revenues of $156.8 million, down from $182.2 million last year, with diagnostics dropping to $101.1 million due to asset sales yet offset by higher reimbursement rates. Operating loss narrowed slightly to $60.0 million amid R&D ramp-up for pipeline advances like ModeX's immuno-oncology candidates and OPK-88006's superior MASH data. Net loss widened to $148.4 million, or $0.19 per share, hit by $91.7 million in convertible note exchange costs. Board boosted stock buyback to $200 million total.
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