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Article Bezinga News

QuidelOrtho (QDEL) Drops 20% After-Hours On Wednesday— What's Going On?

Bezinga News April 16, 2026 · 6:41 am Read Original
Bearish -55.0
−100 Bearish 0 +100 Bullish
QuidelOrtho (QDEL) Drops 20% After-Hours On Wednesday— What's Going On?

QuidelOrtho Corp‘s (NASDAQ:QDEL) stock is trending lower in after-hours trading on Wednesday, following the release of its preliminary first-quarter 2026 revenue figures.
Weak Flu Season, China Snags Weigh On Q1 Sales
The diagnostic healthcare products maker reported preliminary unaudited revenue in the range of $615 million to $620 million for the first quarter ended March 29.
The results reflect a weaker respiratory season, with U.S. Influenza-like Illness visits down about 30% compared to the prior-year period, along with slower China distributor sales and delays in certain EMEA orders, the company said.
The San Diego, California-based company also expects free cash flow to be negative in the first half of 2026, with first-quarter ...

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Article Info
Source Bezinga News
Published Apr 16, 2026 · 6:41 am
Article ID 4rg9vi9
Original URL Open source
Sentiment Signal
Bearish -55.0
−100Neutral+100
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