Qiagen (QGEN) Tops Q2 EPS by 1c

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QIAGEN Reports Results for Second Quarter and First Half of 2018

July 31, 2018 4:05 PM EDT

Solid Q2 2018 performance: Net sales of $377.2 million (+8% actual, +6% at constant exchange rates, or CER) vs. 5-6% CER guidance Operating income margin of 14% of sales; adjusted operating income margin rises to 27% of net sales, driven by 2.2 percentage points improvement at CER EPS of $0.16; adjusted EPS $0.33 ($0.33 CER) vs. ~$0.31-0.32 CER guidance Free cash flow rises 98% to $94.1 million... More