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-1.65952619525434E-16 -1.65952619525434E-16 -1.65952619525434E-16 -0.0044843049327356 -0.0044843049327356 -0.0134529147982065 -0.0134529147982065 -0.0134529147982065
Stock impact report

Chembio Diagnostics Reports First Quarter 2022 Financial Results

Chembio Diagnostics, Inc. (CEMI) 
Last chembio diagnostics, inc. earnings: 3/12 04:07 pm Check Earnings Report
US:NASDAQ Investor Relations: chembio.com/investors/investor-relations
Company Research Source: GlobeNewswire
HAUPPAUGE, N.Y., May 05, 2022 (GLOBE NEWSWIRE) -- Chembio Diagnostics, Inc. (“Chembio” or the “Company”) (Nasdaq: CEMI), a leading point-of-care diagnostics company focused on infectious diseases, today reported financial results for the quarter ended March 31, 2022. Recent Highlights Achieved total revenue of $18.8 million including record quarterly product revenue of $18.5 million in the first quarter of 2022, representing growth of 116% and 360%, respectively, compared to the prior year period: U.S. product revenue of $4.5 million, representing growth of 530% compared to the prior year periodLatin America product revenue of $12.5 million, compared to $0.3 million in the prior year period Completed shipments under the $28.3 million purchase order from Bio-Manguinhos for DPP SARS-COV-2 Antigen Tests in Brazil and continued shipments on the $4 million HIV test purchase order supported by The Global Fund, which are expected to be completed in the second quarter of 2022Improved gro Show less Read more
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