QuidelOrtho (NASDAQ: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.
