Quidel Corp (QDEL) Tops Q2 EPS by 12c, Slight Beat on Revenues

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Quidel Reports Second Quarter 2018 Financial Results

August 7, 2018 4:10 PM EDT

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 second quarter ended June 30, 2018.

Second Quarter 2018 Highlights

Total revenue was $103.2 million as compared to $38.3 million in the second quarter of 2017. Cardiac Immunoassay revenue was $69.9 million. Influenza revenue was $5.5 million as compared to $10.1 million in the second quarter of 2017. Reduced debt by an additional $98.6 million through convertible note... More