Qiagen (QGEN) Misses Q1 EPS by 1c; Reaffirms

Go back to Qiagen (QGEN) Misses Q1 EPS by 1c; Reaffirms

QIAGEN Reports Results for First Quarter 2017

May 2, 2017 4:06 PM EDT

VENLO, the Netherlands, May 2, 2017 /PRNewswire/ --

Delivering on growth ambitions with good Q1 2017 performance:   
o  Net sales $307.7 million (+3% actual); adjusted net sales $308.3 million (+3% actual, +6% CER vs. +4-5% CER guidance)   
o  EPS $0.08; adjusted EPS $0.20 ($0.21 CER), adjusted EPS excl. restructuring charge $0.22 ($0.22 CER vs. $0.21-0.22 CER guidance) 
o  Free cash flow rises 46% to $44.2... More