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AP National Business

QuidelOrtho: Q4 Earnings Snapshot

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Published 2:36 PM

SAN DIEGO (AP) — SAN DIEGO (AP) — QuidelOrtho Corporation (QDEL) on Wednesday reported fourth-quarter earnings of $30.3 million.

On a per-share basis, the San Diego-based company said it had net income of 45 cents. Earnings, adjusted for one-time gains and costs, were $1.76 per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.40 per share.

The medical diagnostics company posted revenue of $866.5 million in the period.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on QDEL at https://www.zacks.com/ap/QDEL

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