QuidelOrtho Q3 net income negatively impacted by decline in high margin COVID revenue

Nov. 02, 2022 6:14 PM ETQuidelOrtho Corporation (QDEL)By: Jonathan Block, SA News Editor

Quarterly results


  • QuidelOrtho (NASDAQ:QDEL) saw its Q3 2022 adjusted net income fall ~54% to ~$125.1M ($1.85 EPS vs. $4.01) due to what the company called the loss of COVID-19 testing revenue that was so strong in the prior-year period.
  • However, the

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