Quidel Reports Second Quarter Financial Results Amid Challenges

Quidel Corporation (QDEL) disclosed its financial performance for the second quarter, revealing a significant increase in losses compared to the previous year. The company recorded a net loss of $255.4 million, compared to $147.7 million in the same period last year. Earnings per share stood at -$3.77, up from -$2.20 a year earlier. On an adjusted basis, Quidel posted a profit of $7.9 million, equating to $0.12 per share. Total revenue for the quarter was $613.9 million, slightly down from $637.0 million in the prior year's second quarter. Looking ahead, Quidel has provided its full-year guidance, projecting earnings per share between $2.07 and $2.57, and total revenue ranging from $2.60 billion to $2.81 billion. For further comments or feedback, contact: [email protected] Published on July 25, 2025, at 14:49 ET, this report highlights recent economic developments including U.S. housing market data, jobless claims, European Central Bank policy decisions, and interest rate adjustments by China's central bank.