earnings
confidence high
sentiment neutral
materiality 0.75
QuidelOrtho reports Q4 2022 revenue $866.5M, GAAP EPS $0.45; supplemental adjusted EPS $1.76 down 66% YoY
QuidelOrtho Corp
2022-FY EPS reported
$9.56
revenue$3,266,000,000
- Q4 GAAP EPS $0.45 vs $6.85 prior year; supplemental adjusted EPS $1.76, down 66% YoY.
- Revenue $866.5M, up 36% as reported; supplemental combined revenue down 23% constant currency ex-COVID.
- Full year 2022 GAAP EPS $9.56; supplemental adjusted EPS $13.80, up 1%.
- Ex-COVID growth driven by Point of Care and Molecular Diagnostics; Labs weak due to China lockdowns and supply chain.
- Integration cost synergies ahead of plan; 2023 guidance to be provided on conference call.