💨 Abstract

QuidelOrtho Corporation reported a substantial loss of $255.4 million or $3.77 per share for its second quarter. Despite this loss, the company exceeded Wall Street earnings forecasts, with adjusted earnings per share of 12 cents. Revenue for the quarter was $613.9 million, surpassing analyst expectations of $611.3 million. The company projects full-year earnings between $2.07 and $2.57

Courtesy: WTOP Staff