QuidelOrtho Shares Slide on Expected Sales Dent From Macro Pressures

Dow Jones

04/16

By Katherine Hamilton

QuidelOrtho shares retreated after the company said it expects various macroeconomic pressures to weigh on its first-quarter revenue.

The stock was down 22% to $13.67 in after-hours trading Wednesday. Through the close shares were down 39% this year.

The in vitro diagnostics company said its preliminary unaudited revenue expectations for the first quarter are $615 million to $620 million. Analysts were expecting $677.8 million, according to FactSet.

Based on its first-quarter projection, the company said it can still reach the low end of its full-year outlook.

Visits in the U.S. for flu-like illnesses decreased 30% from the prior year.

Distributor sales in China were also slower, which the company said could be related to the proposed China National Health Security Administration reimbursement rate reductions.

Certain orders in Europe, the Middle East and Africa were delayed due to the conflict in Iran.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

April 15, 2026 18:31 ET (22:31 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Through the close shares were down 39% this year. \n</p>\n<p>\n  The in vitro diagnostics company said its preliminary unaudited revenue expectations for the first quarter are $615 million to $620 million. Analysts were expecting $677.8 million, according to FactSet. \n</p>\n<p>\n  Based on its first-quarter projection, the company said it can still reach the low end of its full-year outlook. \n</p>\n<p>\n  Visits in the U.S. for flu-like illnesses decreased 30% from the prior year. \n</p>\n<p>\n  Distributor sales in China were also slower, which the company said could be related to the proposed <a href=\"https://laohu8.com/S/688128\">China National</a> Health Security Administration reimbursement rate reductions. \n</p>\n<p>\n  Certain orders in Europe, the Middle East and Africa were delayed due to the conflict in Iran. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 15, 2026 18:31 ET (22:31 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4082","symbol_name":"医疗保健设备","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2627559332","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2627559332","pubTimestamp":1776292260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"QuidelOrtho shares retreated after the company said it expects various macroeconomic pressures to weigh on its first-quarter revenue.The stock was down 22% to $13.67 in after-hours trading Wednesday. Through the close shares were down 39% this year.The in vitro diagnostics company said its preliminary unaudited revenue expectations for the first quarter are $615 million to $620 million. 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Through the close shares were down 39% this year. \n\n\n  The in vitro diagnostics company said its preliminary unaudited revenue expectations for the first quarter are $615 million to $620 million. Analysts were expecting $677.8 million, according to FactSet. \n\n\n  Based on its first-quarter projection, the company said it can still reach the low end of its full-year outlook. \n\n\n  Visits in the U.S. for flu-like illnesses decreased 30% from the prior year. \n\n\n  Distributor sales in China were also slower, which the company said could be related to the proposed China National Health Security Administration reimbursement rate reductions. \n\n\n  Certain orders in Europe, the Middle East and Africa were delayed due to the conflict in Iran. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 15, 2026 18:31 ET (22:31 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}