QIAGEN reports full results for second quarter and first half of 2019

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Qiagen (QGEN) Reports In-Line Q2 EPS; Offers FY19 EPS Outlook

July 30, 2019 4:13 PM EDT

Qiagen (NYSE: QGEN) reported Q2 EPS of $0.33, in-line with the analyst estimate of $0.33. Revenue for the quarter came in at $381.6 million versus the consensus estimate of $382.2 million.

QIAGEN delivers on Q2 2019 outlook (unchanged from July 24 announcement)Net sales of $381.6 million (+1% actual, +5% at constant exchange rates, or CER vs. ~5% CER outlook)Diluted EPS of $0.19; adjusted EPS $0.33 ($0.34 CER vs. ~$0.33-0.34 CER outlook)Sample to Insight portfolio developmentsQuantiFERON-TB up 6% CER in line with outlook, on track for >15% CER growthTwo FDA approvals to date in 2019 for novel therascreen companion... More