QuidelOrtho ‘excited’ about new product launches in 2026

Expects quarterly revenue “phasing similar” to 2025. Sees FY26 gross profit margin “relatively flat” vs. FY25. Says goal is to get gross margin closer to 50% over next few years. Expects net leverage 3.8x by end of 2026. Says no plans to refinance debt. Says making “really good progress” with cash flow and it’s a “company-wide focus.” Expects majority of cash flow to be generated in 2H26. Says “solid market positions” in all business segments. Comments taken from Q4 earnings conference call.