QuidelOrtho reports adjusted Q1 EPS (4c), consensus 42c

Reports Q1 revenue $619.8M, consensus $659.17M. “Our first quarter results were in line with our preliminary revenue announcement and reflected a significantly weaker respiratory season and business disruption in China and the Middle East,” said Brian J. Blaser, President and Chief Executive Officer of QuidelOrtho (QDEL). “Importantly, we believe the underlying business remains strong and we are well positioned to deliver on our objectives to expand our adjusted EBITDA margin and improve cash flow in 2026.”