earnings
confidence high
sentiment positive
materiality 0.70
QuidelOrtho reports preliminary Q3 2022 revenue $782-785M; COVID revenue ~$171M
QuidelOrtho Corp
2022-Q3 EPS reported
$9.56
revenue$2,399,500,000
- Total revenue expected $782M-$785M; non-COVID product revenue $611M-$614M.
- COVID-19 product revenue ~$171M, including unanticipated government order and strong retail demand.
- Strong performance in Transfusion Medicine and Sofia platform; Labs challenged by China and supply chain.
- Full Q3 2022 financial results to be reported on November 2, 2022.