Quidel Corp (QDEL) Tops Q4 EPS by 93c

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Quidel Reports Fourth Quarter and Full Year 2020 Financial Results

February 18, 2021 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 year ended December 31, 2020.

Fourth Quarter 2020 Highlights

Total revenue increased 432% to $809.2 million, from $152.2 million in the fourth quarter of 2019. Revenue for COVID-19 products was $678.7 million. Reported GAAP EPS of $10.78 per diluted share in the fourth quarter of 2020, compared with $0.71 per diluted share in the fourth quarter of 2019. Reported non-GAAP EPS of $11.07... More