Stock Track | Quidel Soars After-Hours on Strong Q3 Revenue Beat

Stock Track11-08

Shares of Quidel Corporation (NASDAQ: QDEL) surged over 5% in after-hours trading on Tuesday, following the company's better-than-expected third-quarter 2024 financial results.

The medical diagnostics company reported revenue of $727.1 million for the quarter, significantly exceeding analysts' average estimate of $642.1 million. While Quidel's earnings per share came in at a loss of $0.3, the company's adjusted EPS of $0.85 beat the consensus forecast of $0.32.

The strong revenue performance is seen as a positive sign for Quidel, which has been expanding its product portfolio and geographic reach. The company's ability to exceed revenue expectations despite challenging market conditions has boosted investor confidence, driving the after-hours stock rally.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1120638135?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-08 05:58","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1120638135","market":"hk","top_or_hot":-1,"title":"Stock Track | Quidel Soars After-Hours on Strong Q3 Revenue Beat","media":"Stock Track","content":"<p>Shares of Quidel Corporation (NASDAQ: QDEL) surged over 5% in after-hours trading on Tuesday, following the company's better-than-expected third-quarter 2024 financial results.</p>\n\n<p>The medical diagnostics company reported revenue of $727.1 million for the quarter, significantly exceeding analysts' average estimate of $642.1 million. While Quidel's earnings per share came in at a loss of $0.3, the company's adjusted EPS of $0.85 beat the consensus forecast of $0.32.</p>\n\n<p>The strong revenue performance is seen as a positive sign for Quidel, which has been expanding its product portfolio and geographic reach. The company's ability to exceed revenue expectations despite challenging market conditions has boosted investor confidence, driving the after-hours stock rally.</p>","source":"ai_movement_en","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Quidel Soars After-Hours on Strong Q3 Revenue Beat</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nStock Track | Quidel Soars After-Hours on Strong Q3 Revenue Beat\n</h2>\n\n<h4 class=\"meta\">\n\n2024-11-08 05:58 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Quidel Corporation (NASDAQ: QDEL) surged over 5% in after-hours trading on Tuesday, following the company's better-than-expected third-quarter 2024 financial results.\nThe medical diagnostics...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"QDEL","symbol_name":"窥得儿医药","start_time":0,"source_url":"","article_id":"1120638135","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1120638135","pubTimestamp":1731016714,"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Quidel Corporation  surged over 5% in after-hours trading on Tuesday, following the company's better-than-expected third-quarter 2024 financial results.The medical diagnostics company reported revenue of $727.1 million for the quarter, significantly exceeding analysts' average estimate of $642.1 million. While Quidel's earnings per share came in at a loss of $0.3, the company's adjusted EPS of $0.85 beat the consensus forecast of $0.32.The strong revenue performance is seen as a positi","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"QDEL":"窥得儿医药"},"translate_title":"股票赛道Quidel因第三季度收入强劲增长而盘后飙升","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"QDEL":1},"content_text":"Shares of Quidel Corporation (NASDAQ: QDEL) surged over 5% in after-hours trading on Tuesday, following the company's better-than-expected third-quarter 2024 financial results.\nThe medical diagnostics company reported revenue of $727.1 million for the quarter, significantly exceeding analysts' average estimate of $642.1 million. While Quidel's earnings per share came in at a loss of $0.3, the company's adjusted EPS of $0.85 beat the consensus forecast of $0.32.\nThe strong revenue performance is seen as a positive sign for Quidel, which has been expanding its product portfolio and geographic reach. The company's ability to exceed revenue expectations despite challenging market conditions has boosted investor confidence, driving the after-hours stock rally.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1120638135"}