QuidelOrtho Reports Third Quarter 2024 Financial Results
QuidelOrtho Corporation (QDEL)
Last quidelortho corporation earnings: 2/12 04:10 pm
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US:NASDAQ Investor Relations:
ir.quidel.com
Company Research
Source: Business Wire
? Company reinstates 2024 financial guidance ?? Drives cost-savings and growth initiatives ?? Strengthens leadership team and aligns organization for improved effectiveness ?Third Quarter 2024 Results and Recent Developments(all comparisons are to the prior year period)Reported revenue was $727 millionRecurring revenue1 was $598 million as reported with no significant change in constant currency, excluding COVID-19 and U.S. Donor Screening revenueLabs revenue grew 4% as reported and 5% in constant currencyGAAP operating expenses2 of $242 million decreased by $13 million; non-GAAP operating expenses of $232 million decreased by $17 million, reflecting ongoing implementation of cost efficienciesGAAP net loss margin was (3%); GAAP operating margin was 2%; adjusted EBITDA margin was 23.5%, an increase of 80 basis pointsGAAP net cash provided by operating activities was $118 million; adjusted free cash flow was $120 millionStrengthened leadership team with the addition of a new Chief Techn
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QDEL
News
- QuidelOrtho Stock Rises as Q3 Earnings & Revenues Beat Estimates [Yahoo! Finance]Yahoo! Finance
- QuidelOrtho Corp (QDEL) Q3 2024 Earnings Call Highlights: Strategic Initiatives Drive Growth ... [Yahoo! Finance]Yahoo! Finance
- QuidelOrtho (QDEL) Beats Q3 Earnings and Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Kuehn Law Encourages Investors of QuidelOrtho Corporation to Contact Law FirmGlobeNewswire
- QuidelOrtho to Participate in Three Upcoming Investor ConferencesBusiness Wire
QDEL
Earnings
- 11/7/24 - Beat
QDEL
Sec Filings
- 11/12/24 - Form 4
- 11/12/24 - Form SC
- 11/8/24 - Form 8-K
- QDEL's page on the SEC website