Quidel Corp (QDEL) Tops Q3 EPS by 30c; Maintains Outlook

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Go back to Quidel Corp (QDEL) Tops Q3 EPS by 30c; Maintains Outlook

QuidelOrtho Reports Third Quarter 2023 Financial Results

November 1, 2023 4:05 PM EDT

Broad strength in respiratory and core businesses across all geographies, driven by execution, customer excellence and improved operational efficiencies

Highlights

Third quarter revenue was $744 million, as reported, driven by strong respiratory demand and continued strength in non-respiratory businesses Non-respiratory revenue increased by 2% as reported and in constant currency, compared to the prior year period, driven by growth in the Labs business, which continues to perform to expectations Respiratory revenue decreased by 21% as reported and in constant currency, primarily due to the anticipated... More