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Quidel Beats Estimates
Posted on March 02, 2012 at 10:20 AM EST
Leading diagnostic test solutions provider Quidel Corporation’s (NASDAQ:QDEL) fourth-quarter fiscal 2011 adjusted earnings (excluding one-time items other than stock-based compensation expense) of 8 cents a share beat the Zacks Consensus Estimate by 3 cents. On a reported basis, the company turned to a profit in the quarter on the back of higher sales. The California-based [...]

Leading diagnostic test solutions provider Quidel Corporation’s (NASDAQ:QDEL) fourth-quarter fiscal 2011 adjusted earnings (excluding one-time items other than stock-based compensation expense) of 8 cents a share beat the Zacks Consensus Estimate by 3 cents.
On a reported basis, the company turned to a profit in the quarter on the back of higher sales. The California-based company posted a profit of roughly $1 million (or 3 cents a share) in the reported quarter compared with a loss of $0.4 … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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