QuidelOrtho: Q1 Earnings Insights


QuidelOrtho QDEL reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

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


QuidelOrtho beat estimated earnings by 20.81%, reporting an EPS of $1.8 versus an estimate of $1.49.

Revenue was down $155.90 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.33 which was followed by a 5.66% increase in the share price the next day.

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

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.43 0.74 3.07 9.89
EPS Actual 1.76 1.85 2.34 11.66
Revenue Estimate 772.80M 719.60M 565.80M 890.99M
Revenue Actual 866.50M 783.80M 613.40M 1.00B

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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