OPKO Health Q3 revenue rises 16% to $65.4 million; Labcorp sale agreed
OPKO Health reported third-quarter 2026 revenue from continuing operations of $65.4 million, up 16% from $56.4 million a year earlier, and a narrower operating loss of $31.4 million. The net loss from continuing operations per share widened to $0.05 from $0.04, and the company withdrew its services revenue and total costs guidance because of the pending sale of its BioReference diagnostic operations to Labcorp.
Key points
- Q3 2026 revenue from continuing operations rose 16% to $65.4 million; operating loss narrowed to $31.4 million from $33.6 million.
- Net loss from continuing operations was $35.5 million, or $0.05 per share, versus $33.0 million, or $0.04 per share, a year earlier.
- Agreement with Labcorp provides $722 million in cash at closing plus up to $150 million in additional consideration over up to ten years; closing requires regulatory approvals.
- Services revenue guidance withdrawn; company issued Q4 2026 product revenue guidance of $41.0 million to $46.0 million and full-year total revenue guidance of $268.0 million to $278.0 million.
The filing
Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 04, 2026.
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