Quidel Corp (QDEL) Tops Q3 EPS by $1.03, Revenues Beat

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Go back to Quidel Corp (QDEL) Tops Q3 EPS by $1.03, Revenues Beat

Quidel Reports Third Quarter 2020 Financial Results

October 29, 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 third quarter ended September 30, 2020.

Third Quarter 2020 Highlights

Total revenue increased 276% to $476.1 million, from $126.5 million in the third quarter of 2019. Total sales of COVID-19 products were $375.7 million. Reported GAAP EPS of $5.33 per diluted share in the third quarter of 2020, compared with $0.38 per diluted share in the third quarter of 2019. Reported non-GAAP EPS of $5.78 per... More