Quidel Corp (QDEL) Tops Q2 EPS by 77c

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Quidel Reports Second Quarter 2020 Financial Results

July 30, 2020 4:10 PM EDT

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 second quarter ended June 30, 2020.

Second Quarter 2020 Highlights

Total revenue increased 86% to $201.8 million, from $108.3 million in the second quarter of 2019. Total sales of COVID-19 products were $109.0 million. Reported GAAP EPS of $1.55 per diluted share in the second quarter of 2020, compared with $0.03 per diluted share in the second quarter of 2019. Reported non-GAAP EPS of $1.86 per... More