Thermo Fisher Scientific (TMO) Confirms Offer to Acquire QIAGEN (QGEN) Shares Expires on August 10

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UPDATE: Qiagen (QGEN) Tops Q2 EPS by 9c, Revenues Beat; Boards Reaffirms Unanimous Recommendation Shareholders Accept Thermo Fisher (TMO) Offer

August 4, 2020 4:21 PM EDT

(Updated - August 4, 2020 4:22 PM EDT)

Qiagen (NYSE: QGEN) reported Q2 EPS of $0.55, $0.09 better than the analyst estimate of $0.46. Revenue for the quarter came in at $443.3 million versus the consensus estimate of $425.82 million.

Q2 2020 results:Net sales of $443.3 million (+16% actual, +19% CER)Diluted EPS $0.38; adjusted EPS $0.55 ($0.56 CER, +70% CER)H1 2020 results:Net sales of $815.3 million (+12% actual, +14% CER)Diluted EPS $0.56; adjusted EPS $0.89 ($0.90 CER, +50% CER)QIAGEN Boards have reaffirmed unanimous recommendation that QIAGEN... More