QIAGEN Reports Results for Fourth Quarter and Full-Year 2015

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Qiagen (QGEN) Tops Q4 EPS by 1c

February 2, 2016 4:13 PM EST

Qiagen (NASDAQ: QGEN) reported Q4 EPS of $0.33, $0.01 better than the analyst estimate of $0.32. Revenue for the quarter came in at $349 million versus the consensus estimate of $351.67 million.

"QIAGEN made significant progress in 2015 on initiatives to accelerate innovation and growth, and we are confident these efforts will become more apparent in 2016 and the coming years. Our fourth-quarter performance was in line with our preliminary results announcement on January 10. As outlined, the shortfall was disappointing against our expectations for faster sales and earnings growth, and this weighed on results for 2015. We delivered solid growth in... More