Quidel reports preliminary Q4 revenue $132M-$133M, consensus $132.06M

“We had another great quarter, and a remarkable year, a year in which our efforts and excellent performance were driven significantly by the integration of the acquired Triage assets. We unlocked synergies, brought most international businesses within our control, and aggressively paid down debt,” said Douglas Bryant, president and chief executive officer of Quidel Corporation. “And we did all that without taking our eye off the ball. Notably, Sofia placements, which for the year were nearly 10,000, were higher than in any prior year since launch by far, further demonstrating the competitiveness and resilience of the Sofia instrument system, as well as the global commercial organization’s proficiency in ‘selling the entire bag’,” added Bryant. These preliminary results are based on management’s initial analysis of operations for the quarter ended December 31, 2018.
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