Quidel Corp (QDEL) Tops Q4 EPS by 20c, Revenues Beat

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Quidel Reports Fourth Quarter and Full Year 2018 Financial Results

February 13, 2019 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 December31, 2018.

Fourth Quarter 2018 Highlights:

Total revenue grew 15% to $132.6 million as compared to $114.9 million in the fourth quarter of 2017. Quidels legacy revenue grew 3% from the fourth quarter of 2017 to $69.6 million. Total influenza revenue increased 4% from the fourth quarter of 2017 to $34.9 million. Cardiac Immunoassay revenue grew 34% from the fourth... More