Recap: QuidelOrtho Q4 Earnings

QuidelOrtho QDEL reported its Q4 earnings results on Tuesday, February 13, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

QuidelOrtho missed estimated earnings by 42.93%, reporting an EPS of $1.17 versus an estimate of $2.05.

Revenue was down $123.90 million from the same period last year.

Last quarter the company beat on EPS by $0.44 which was followed by a 3.72% increase in the share price the next day.

Here's a look at QuidelOrtho's past performance:

Quarter	Q3 2023	Q2 2023	Q1 2023	Q4 2022
EPS Estimate	0.46	0.25	1.49	1.43
EPS Actual	0.90	0.26	1.80	1.76
Revenue Estimate	655.33M	619.84M	794.05M	772.80M
Revenue Actual	744.00M	665.10M	846.10M	866.50M

To track all earnings releases for QuidelOrtho visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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