Quidel Corp (QDEL) Misses Q1 EPS by 33c

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Quidel Reports First Quarter 2021 Financial Results

May 6, 2021 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 first quarter ended March 31, 2021.

First Quarter 2021 Highlights

Total revenue increased 115% to $375.3 million, from $174.7 million in the first quarter of 2020. Total sales of COVID-19 products were $280.3 million, as compared to $1.0 million in the first quarter of 2020. Total sales of Influenza products were $5.2 million, as compared to $79.6 million in the first quarter of 2020. Cardiometabolic Immunoassay sales... More