QIAGEN Reports Results for Third Quarter and First Nine Months of 2017

Tuesday, November 7, 2017 General News
Email Print This Page Comment bookmark
Font : A-A+

VENLO, the Netherlands, November 6, 2017 /PRNewswire/ --

  • Solid Q3 2017 performance in line with full-year ambitions:
     
  • Net sales $364.0 million (+7% actual, +7% CER); adjusted net sales $364.4 million (+8% actual, +7% CER vs. +7% CER guidance) 
  • EPS $0.21; adjusted EPS $0.32 ($0.32 CER), adjusted EPS excluding
    restructuring charge $0.32 ($0.32 CER vs. $0.32-0.33 CER guidance) 
  • Nine-month 2017 free cash flow of $146.1 million impacted by $41 million cash restructuring charges 
  • Solid growth of Sample to Insight portfolio led by QuantiFERON latent TB test growing above 25% CER annual target, complemented by QIAsymphony, human ID / forensics and infectious disease testing portfolio 
  • $300 million share repurchase commitment completed ahead of end-2017 goal 
  • New initiative in China to focus on high-growth areas and streamline portfolio 
  • Reaffirming 2017 adjusted EPS target of $1.25-1.27 CER before restructuring; ~7% CER adjusted net sales growth excluding changes in China portfolio  

QIAGEN N.V. (NASDAQ: QGEN; Frankfurt Prime Standard: QIA) announced results of operations for the third quarter and first nine months of 2017, delivering on goals for improvements in adjusted net sales and adjusted earnings.

Click here for the full press release

https://corporate.qiagen.com/newsroom/press-releases/2017/2017-11-06-Q3results?sc_lang=en

Contacts Investor Relations: John Gilardi Vice President Corporate Communications and Investor Relations +49-2103-29-11711 +1-240-686-2222 Dr. Sarah Fakih Associate Director Investor Relations +49-2103-29-11457 Email: [email protected] ir.qiagen. com

Public Relations: Dr. Thomas Theuringer Senior Director Public Relations and Digital Communications +49-2103-29-11826 +1-240-686-7425 Email: [email protected] pr.qiagen.com

http://www.twitter.com/qiagen 

http://www.facebook.com/QIAGEN 

Download the QIAGEN Investor Relations App

Apple: https://itunes.apple.com/us/app/qiagen-investor-relations/id1170201291?mt=8

Android: https://play.google.com/store/apps/details?id=com.theirapp.qiagen&hl=de

SOURCE QIAGEN N.V.



Post your Comments

Comments should be on the topic and should not be abusive. The editorial team reserves the right to review and moderate the comments posted on the site.
* Your comment can be maximum of 2500 characters
I agree to the terms and conditions

News A - Z

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

News Search

Medindia Newsletters

Subscribe to our Free Newsletters!

Terms & Conditions and Privacy Policy.

Find a Doctor

Press Release Category

Press Release Archive

Stay Connected

  • Available on the Android Market
  • Available on the App Store