Qiagen (QGEN) Tops Q1 EPS by 7c; Suspends Outlook

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Go back to Qiagen (QGEN) Tops Q1 EPS by 7c; Suspends Outlook

QIAGEN Reports Full Results for First Quarter of 2020

May 6, 2020 4:05 PM EDT

Q1 2020 results: Net sales of $372.1 million (+7% actual, +9% CER vs. ~+2-3% CER outlook) Diluted EPS $0.17; adjusted EPS $0.34 ($0.34 CER vs. ~$0.28-0.29 CER outlook) Fully mobilized teams addressing COVID-19 pandemic testing demand, dramatically ramping up production of RNA extraction kits, QIAstat-Dx tests and components for third-party tests QIAGEN expects higher results for Q2 2020 based on trends to date and suspends outlook for full-year 2020

VENLO, Netherlands--(BUSINESS WIRE)-- QIAGEN N.V. (NYSE:QGEN; Frankfurt Prime Standard:... More