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QuidelOrtho Corporation - QDEL STOCK NEWS

Welcome to our dedicated page for QuidelOrtho Corporation news (Ticker: QDEL), a resource for investors and traders seeking the latest updates and insights on QuidelOrtho Corporation stock.

QuidelOrtho Corporation (symbol: QDEL) is a prominent American manufacturer specializing in diagnostic healthcare products that are distributed globally. The company focuses on the development, manufacturing, and marketing of rapid diagnostic testing solutions, which are crucial for both clinicians and patients worldwide. QuidelOrtho’s product portfolio includes immunoassay and molecular testing, clinical chemistry, and transfusion medicine, providing comprehensive solutions that aid in critical medical decisions.

With a strong geographical presence in North America, EMEA (Europe, the Middle East, and Africa), China, and other countries, QuidelOrtho generates the majority of its revenue from North America. The corporation is committed to innovation and quality, continually striving to improve diagnostic accuracy and efficiency.

Recent achievements of QuidelOrtho Corporation include significant advancements in rapid diagnostic testing technologies that ensure faster and more accurate results. The company has also entered strategic partnerships and launched new products that enhance its market position and expand its global footprint.

For investors and stakeholders, QuidelOrtho’s solid financial performance and ongoing projects demonstrate its robust growth potential. The company’s latest updates, news releases, and financial reports reflect its dedication to driving progress in the healthcare diagnostics industry.

Latest News:

  • SAN DIEGO--(BUSINESS WIRE)-- QuidelOrtho Corporation announces new strategic partnerships and product launches aiming to bolster its market presence.
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QuidelOrtho to participate in Morgan Stanley conference
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QuidelOrtho Corporation (Nasdaq: QDEL) will report its Q2 2023 financial results on August 8, 2023, followed by a conference call. Interested parties can access the call and presentation materials on the Investor Relations page of the company's website. A replay will also be available.
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QuidelOrtho Corporation (Nasdaq: QDEL) announced preliminary revenue results for the first quarter of 2023, with total revenues expected to be between $840 million and $850 million. Respiratory product revenue is projected at $262 million to $267 million, which includes $212 million to $217 million from COVID-19 products. Non-respiratory product revenue is forecasted to be $578 million to $583 million, reflecting a 5% increase on a combined basis. This growth was primarily driven by the Labs business unit, aided by a $21 million settlement related to a collaboration agreement. The Company will report full financial results and conduct a conference call on May 3, 2023.

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QuidelOrtho Corporation (Nasdaq: QDEL) has announced the formation of the QuidelOrtho Women’s Leadership Network (QWLN), celebrating Women’s History Month. This global network includes 14 leaders and 16 chapters worldwide, focusing on mentoring and empowerment for women. The initiative stems from the merger of Quidel Corporation and Ortho Clinical Diagnostics in 2022, aiming to enhance professional development. CEO Douglas Bryant emphasized the network's role in fostering personal and professional growth. The QWLN offers various programs, including training and community events, to unite women across regions.

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QuidelOrtho Corporation (Nasdaq: QDEL) has received FDA De Novo clearance for its Sofia 2 SARS Antigen+ FIA, marking it as the first rapid antigen test for COVID-19 to achieve this status. The test, designed for symptomatic individuals, uses anterior nasal swabs and provides results in just 10 minutes. It can be performed in clinical labs and point-of-care settings by trained personnel. The Sofia 2 analyzer enhances testing efficiency with two operational modes and connects to Virena for real-time data management. This development reinforces QuidelOrtho's position in the diagnostic market as they continue to innovate in COVID-19 testing.

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FAQ

What is the current stock price of QuidelOrtho Corporation (QDEL)?

The current stock price of QuidelOrtho Corporation (QDEL) is $37.89 as of November 21, 2024.

What is the market cap of QuidelOrtho Corporation (QDEL)?

The market cap of QuidelOrtho Corporation (QDEL) is approximately 2.6B.

What does QuidelOrtho Corporation specialize in?

QuidelOrtho Corporation specializes in the development, manufacturing, and marketing of rapid diagnostic testing solutions, including immunoassay and molecular testing, clinical chemistry, and transfusion medicine.

Where is QuidelOrtho Corporation headquartered?

QuidelOrtho Corporation is headquartered in the United States with a significant presence in North America, EMEA, China, and other countries.

What are the main products offered by QuidelOrtho?

QuidelOrtho offers a range of diagnostic healthcare products, including immunoassay and molecular testing solutions, clinical chemistry, and transfusion medicine products.

How does QuidelOrtho support clinicians and patients?

QuidelOrtho provides rapid diagnostic testing solutions that help clinicians and patients make informed and timely medical decisions, thereby improving healthcare outcomes.

What recent achievements has QuidelOrtho Corporation made?

QuidelOrtho has made significant advancements in rapid diagnostic testing technologies, strategic partnerships, and new product launches.

What regions contribute most to QuidelOrtho's revenue?

The majority of QuidelOrtho's revenue comes from North America, though the company also has a strong presence in EMEA, China, and other regions.

What is the stock symbol for QuidelOrtho Corporation?

The stock symbol for QuidelOrtho Corporation is QDEL.

How can I stay updated with the latest news about QuidelOrtho?

You can stay updated with the latest news about QuidelOrtho by following their official press releases and news updates on financial websites and stock market platforms.

Does QuidelOrtho engage in any partnerships?

Yes, QuidelOrtho engages in strategic partnerships to enhance its market presence and expand its product offerings globally.

What is the primary focus of QuidelOrtho's diagnostics?

QuidelOrtho primarily focuses on providing rapid, accurate, and reliable diagnostic testing solutions to support medical decision-making across the globe.

QuidelOrtho Corporation

Nasdaq:QDEL

QDEL Rankings

QDEL Stock Data

2.55B
58.02M
1.46%
108.55%
6.17%
Medical Devices
In Vitro & in Vivo Diagnostic Substances
Link
United States of America
SAN DIEGO