QuidelOrtho appoints KPMG as auditor, dismisses EY; material weaknesses disclosed

QuidelOrtho Corp

Audit Committee selected KPMG as independent auditor for FY 2025, dismissing EY effective Feb 28, 2025, after competitive process.
EY's audit reports for 2024 and 2023 had no adverse opinion and no disagreements on accounting principles.
EY identified material weaknesses in internal control over financial reporting related to revenue recognition and deferred tax asset realizability.
An interim material weakness in goodwill impairment assessment (Q1 2024) was fully remediated by Q4 2024.
EY agreed with the disclosures; no prior consultations with KPMG on accounting matters occurred.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.