Quidel Corp (QDEL) Tops Q1 EPS by 18c

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Quidel Reports First Quarter 2015 Financial Results

April 23, 2015 4:10 PM EDT

SAN DIEGO, CA -- (Marketwired) -- 04/23/15 -- Quidel Corporation (NASDAQ: QDEL), a provider of rapid diagnostic testing solutions, cellular-based virology assays and molecular diagnostic systems, announced today financial results for the first quarter ended March 31, 2015.

First Quarter 2015 Highlights:

Total revenues grew 31% to $61.3 million, as compared to $46.7 million in the first quarter of 2014. New product revenues increased 104% from the first quarter of 2014 to $16.1 million. Reported GAAP EPS of $0.11 per diluted share as compared to $(0.04) per share in the first quarter of 2014 and... More