secwatch.observer — SEC 8-K summary
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Issuer:     QuidelOrtho Corp (QDEL)
CIK:        0001906324
Form:       8-K
Filed at:   2022-11-02T23:59:59+00:00
Accession:  0001906324-22-000029
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

QuidelOrtho Q3 2022: revenue $783.8M (-21.8% combined const. currency); GAAP EPS $0.28; adjusts guidance up
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- Revenue $783.8M, +54% reported; supplemental combined revenue -21.8% constant currency; ex-COVID +3.0% (underlying +6.0%).
- GAAP diluted EPS $0.28 vs $5.08 prior year; adjusted diluted EPS $1.85 vs $4.01 (down 54%).
- GAAP operating margin 7% vs 55%; adjusted EBITDA margin 28.9% vs 42.5%.
- Full-year 2022 guidance raised; QuidelOrtho integration ahead of expectations.
- Base business growth driven by Point-of-Care and Donor Screening; strength in NA, LATAM, ASPAC offset by China/EMEA weakness.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1906324/000190632422000029/0001906324-22-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1906324/000190632422000029/qdel-20221102.htm
  HTML page:      https://secwatch.observer/filing/0001906324-22-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer