QDEL Q2 Earnings & Revenues Beat Estimates, 2026 Guidance Lowered

QuidelOrtho (QDEL) reported adjusted earnings of 13 cents per share for the second quarter of 2026, up 8.3% year over year and well above expectations, beating the Zacks Consensus Estimate by 425%. On a GAAP basis, the company posted a loss of $1.36 per share versus a $3.77 loss a year earlier. Revenues rose to $630.9 million, up 2.8% year over year on a reported basis and 1.9% at constant exchange rates, also exceeding the consensus by 2.65%. Management lowered 2026 guidance. Segment results included Respiratory at $47.9 million and Point of Care up 16.3%.