Quidel Corp (QDEL) Tops Q1 EPS by $1.77

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Quidel Reports First Quarter 2022 Financial Results

May 4, 2022 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, 2022.

First Quarter 2022 Highlights

Total revenues increased 167% to $1,002.3 million, from $375.3 million in the first quarter of 2021. Total sales of COVID-19 products increased 211% to $836.1 million, from $269.1 million in the first quarter of 2021. Total sales of Influenza products were $89.1 million, as compared to $16.4 million in the first quarter of... More