Why QuidelOrtho (QDEL) Stock Is Nosediving
QuidelOrtho (QDEL) shares fell 21.3% after the company cut its full-year revenue and adjusted EPS outlook, despite a Q2 beat. Q2 revenue was $630.9 million and adjusted EPS $0.13. Full-year revenue guidance was lowered to $2.52 billion to $2.6 billion and adjusted EPS to $0.65 to $0.90, below prior estimates.






