On a preliminary basis, Q3 sales growth for QIAGEN N.V. (NYSE:QGEN) will be ~3% on a constant exchange rate basis versus guidance of 4 – 5%, due mainly from softer sales in China.
Non-GAAP EPS should be within its guided range of $0.35 – 0.36.
Complete results will be released on October 30.
On another note, Chairman and CEO Peer Schatz has decided to step down
in the coming weeks, continuing as a Special Advisor to assist in the
transition to new leadership. A search for a permanent CEO has been
initiated. In the interim, CFO Roland Sackers will take the reins.
Shares up 1% after hours.
https://seekingalpha.com/news/3504319-qiagen-q3-top-line-less-expected
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