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.

Earnings

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.

Past Earnings Performance

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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