Quidel Corp (QDEL) Misses Q2 EPS by $1.09

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Go back to Quidel Corp (QDEL) Misses Q2 EPS by $1.09

QuidelOrtho Reports Second Quarter 2022 Financial Results

August 4, 2022 4:10 PM EDT

Highlights

Revenue of $613.4 million increased by 247% as reported; Supplemental combined revenue of $898.5 million increased by 37.5% in constant currency and 9.0%, excluding COVID-19 revenue Strong growth in all business units, excluding COVID-19 revenue, including double-digit growth in Point-of-Care and Molecular Diagnostics, and high-single-digit combined growth in Labs and Transfusion Medicine Strength across all major regions, including China, EMEA, and North America GAAP EPS of $0.36; Supplemental combined adjusted EPS of $2.12, a 123% increase from prior year, largely reflecting the strength of high margin COVID-19... More