QuidelOrtho (QDEL) Gross Profit (2021 - 2024)
QuidelOrtho (QDEL) posted Gross Profit of $332.1 million for Q1 2024, down 9.78% sequentially from $368.1 million in Q4 2023, and down 25.97% YoY from $448.6 million in Q2 2023.
QuidelOrtho (QDEL) Gross Profit (2021 - 2024) Analysis & Trends
QuidelOrtho has reported Gross Profit for 4 years, with the latest figure at $332.1 million in Q1 2024.
- Quarterly Gross Profit fell 25.97% year-over-year to $332.1 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $1.4 billion (up 29.5% YoY) and the FY2024 annual result came in at $2.7 billion, up 82.43% from the prior year.
- Gross Profit slipped to $332.1 million in Q1 2024 per QDEL's latest filing, from $368.1 million in the prior quarter.
- Over five years, Gross Profit peaked at $742.0 million in Q2 2022 and troughed at -$164.6 million in Q1 2023.
- A 4-year average of $340.7 million and a median of $371.8 million in 2021 frame the typical range for Gross Profit.
- The sharpest annual moves came in 2022 and 2023: Gross Profit surged 140.37% in 2022, then tumbled 39.54% in 2023.
- Over 4 years, Gross Profit stood at $375.4 million in 2021, then climbed by 8.55% to $407.5 million in 2022, then slipped by 9.67% to $368.1 million in 2023, then fell by 9.78% to $332.1 million in 2024.
- According to Business Quant data, Gross Profit over the past three periods registered $332.1 million, $368.1 million, and $296.4 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
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