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Chembio Diagnostics, Inc. Stock Price

NasdaqCM:CEMI Community·US$16.7m Market Cap
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Snowflake Analysis

Excellent balance sheet and slightly overvalued.

4 Risks
0 Rewards

Chembio Diagnostics, Inc. Key Details

US$49.5m

Revenue

US$45.6m

Cost of Revenue

US$3.9m

Gross Profit

US$27.2m

Other Expenses

-US$23.3m

Earnings

Last Reported Earnings
Dec 31, 2022
Next Reporting Earnings
n/a
-0.63
7.83%
-47.03%
104.4%
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About CEMI

Founded
1985
Employees
188
CEO
Richard Eberly
WebsiteView website
chembio.com

Chembio Diagnostics, Inc., together with its subsidiaries, develops, manufactures, and commercializes point-of-care (POC) diagnostic tests that are used to detect or diagnose diseases. The company offers tests for COVID 19, HIV and Syphilis, and Zika virus. It also develops tests for malaria, dengue, chikungunya, Chagas, ebola, leishmaniasis, lassa, marburg, leptospirosis, rickettsia, and Burkholderia diseases. The company sells its products under the STAT-PAK, SURE CHECK, STAT VIEW, NEXT GENERATION DPP, and DPP trademarks, as well as sells its products directly through distributors to medical laboratories and hospitals, governmental and public health entities, non-governmental organizations, medical professionals, and retail establishments in the United States and internationally. It has collaboration agreements with Bill & Melinda Gates Foundation, The Paul G. Allen Family Foundation, The Oswaldo Cruz Foundation, and the Foundation for Innovative New Diagnostics, as well as U.S. government agencies, such as Centers for Disease Control and Prevention, the Biomedical Advanced Research and Development Authority of the U.S. Department of Health and Human Services, and the U.S. Department of Agriculture. Chembio Diagnostics, Inc. was founded in 1985 and is headquartered in Medford, New York.

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