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

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

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• 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.

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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

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SOURCE QIAGEN N.V.