QuidelOrtho (QDEL) said late Wednesday it expects preliminary unaudited revenue of $615 million to $620 million for Q1.

Analysts polled by FactSet expect $677.8 million.

The company also said the low end of its full-year 2026 outlook issued on Feb. 11 remains achievable. The company previously issued 2026 adjusted earnings per share guidance of $2.00 to $2.42 on revenue of $2.7 billion to $2.9 billion. Analysts polled by FactSet expect $2.15 and $2.77 billion, respectively.

QuidelOrtho shares were down 23% in after-hours activity.