Quidel Corp (QDEL) Tops Q3 EPS by 10c, Revenues Miss

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Quidel Reports Third Quarter 2018 Financial Results

November 6, 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 third quarter ended September30, 2018.

Third Quarter 2018 Highlights

Total revenue was $117.4 million as compared to $50.9 million in the third quarter of 2017. Cardiac Immunoassay revenue was $65.3 million. Influenza revenue was $21.6 million as compared to $23.1 million in the third quarter of 2017. Reported GAAP EPS of$0.27 per diluted... More