Quidel Corp (QDEL) Tops Q1 EPS by 9c

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Quidel Reports First Quarter 2016 Financial Results

April 27, 2016 4:10 PM EDT

SAN DIEGO, CA -- (Marketwired) -- 04/27/16 -- 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, 2016.

First Quarter 2016 Highlights:

Total revenues were $50.3 million as compared to $61.7 million in the first quarter of 2015. Reported GAAP EPS of $(0.11) per share as compared to $0.11 per diluted share in the first quarter of 2015 and non-GAAP EPS of $0.02 per diluted share as compared... More