Qiagen (QGEN) Tops Q1 EPS by 1c, Approves $100 million Share Repurchase

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QIAGEN Reports Results for First Quarter of 2019 and Announces Plans for New $100 Million Share Repurchase Program

May 6, 2019 4:05 PM EDT

QIAGEN delivers on Q1 2019 outlook Net sales of $348.7 million (+1.5% actual, +6.1% at constant exchange rates, or CER vs. ~5-6% CER outlook) Diluted EPS of $0.13; adj. EPS of $0.27 ($0.28 CER vs. ~$0.26-0.27 CER outlook) Sample to Insight portfolio fueled by dynamic innovation and disruptive solutions FDA approval of new therascreen companion diagnostic for FGFR biomarker QuantiFERON-TB grows 15% CER, benefits of new automation options European rollout progressing for QIAstat-Dx and NeuMoDx automation systems Strong QIAsymphony placements... More