Quidel Corp (QDEL) Posts Q4 EPS of $0.56

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Quidel Reports Fourth Quarter and Full Year 2017 Financial Results

February 21, 2018 4:10 PM EST

SAN DIEGO--(BUSINESS WIRE)-- 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 fourth quarter and year ended December 31, 2017.

Fourth Quarter 2017 Highlights:

Closed the acquisition of the Triage and BNP Businesses from Alere. Total revenue was $114.9 million as compared to $52.8 million in the fourth quarter of 2016. Total influenza revenue increased 44% from the fourth quarter of 2016 to $33.5 million. Molecular revenues grew 67% to $4.5... More