Quidel Corp (QDEL) Tops Q4 EPS by 18c

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Go back to Quidel Corp (QDEL) Tops Q4 EPS by 18c

Quidel Reports Fourth Quarter and Full Year 2019 Financial Results

February 12, 2020 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 the year ended December 31, 2019.

Fourth Quarter 2019 Highlights

Total revenue increased 15% to $152.2 million, compared with $132.6 million in the fourth quarter of 2018. Cardiac Immunoassay revenue increased 5% to $65.8 million. Molecular Diagnostic Solutions revenue was $7.1 million, 21% growth from the fourth quarter of 2018. Influenza revenue increased 44% to $50.3 million, compared with $34.9 million in the fourth quarter of... More