earnings
confidence high
sentiment positive
materiality 0.55
QuidelOrtho expects Q4 2024 revenue of $702-707M, above guidance midpoint
QuidelOrtho Corp
2024-FY EPS reported
-$30.54
revenue$2,782,900,000
- Preliminary total revenue $702-707M, in line with prior guidance; non-respiratory $561-563M, respiratory $141-143M.
- CEO states 'positive note' and expects top-line above 2024 guidance midpoint; full results due Feb 12, 2025.
- Company highlights cost-savings initiatives and leadership realignment during fiscal 2024.
- Respiratory revenue ranges reflect lower Q4 demand compared to prior year; Labs segment also in line.