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Why Opko Health Stock Dipped on Friday

TheMotleyFool

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As the week came to an end, a clutch of investors were ditching Opko Health (NASDAQ: OPK) following the company's Q4 earnings release. Shares of the healthcare diagnostic specialist fell marginally on the day as a result.

In the release, published after market hours on Thursday, Opko said its revenue for the quarter was just over $401 million, representing a notable decline from the nearly $495 million of Q4 2020. On the bottom line, the healthcare company flipped to a loss of almost $74 million ($0.11 per share) from the year-ago quarter's profit of over $32 million.

Image source: Getty Images.

Source Fool.com

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