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via prnewswire.comBusiness & Companies

QuidelOrtho reports 12% revenue decline and narrows 2026 guidance

FROM THE WIRE · PRNEWSWIRE.COM

― Growth in Labs and Immunohematology Outside of China Highlights Underlying Business Strength ― ― New Cost Transformation and Enterprise Restructuring Program Expected to Deliver Over $80 Million in Annual Savings in 2027 ― ― Updated Full-Year 2026 Financial Guidance Narrowing…

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishRevenue decline partly offset by a savings plan, with full-year guidance narrowed.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Third quarter 2026 revenue was $619 million, down 12%.
  2. 02The new cost transformation program is expected to deliver over $80 million in annual savings in 2027.
  3. 03Full-year 2026 guidance was updated with narrower ranges.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
QuidelOrtho CorporationQDELStock14.09 USDMarket closedtoday +0.43%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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