QuidelOrtho (QDEL) Income towards Parent Company (2021 - 2024)
QuidelOrtho's (QDEL) quarterly Income towards Parent Company came in at -$1.7 billion in Q1 2024, down 3595.9% year-over-year from $48.8 million in Q2 2023, and down 24471.43% quarter-over-quarter from $7.0 million in Q4 2023.
Analysis
QuidelOrtho (QDEL) Income towards Parent Company (2021 - 2024) Analysis & Trends
QuidelOrtho has disclosed Income towards Parent Company across 4 years of filings, most recently posting -$1.7 billion for Q1 2024.
- In Q1 2024, Income towards Parent Company fell 3595.9% year-over-year to -$1.7 billion; the TTM figure through Mar 2024 stood at -$1.8 billion (down 891.08% YoY), while the FY2024 annual figure was -$2.1 billion, down 20216.83% from the prior year.
- Income towards Parent Company came in at -$1.7 billion for Q1 2024 at QuidelOrtho, down from $7.0 million in the prior quarter.
- In the past five years, Income towards Parent Company ranged from a high of $479.9 million in Q2 2022 to a low of -$1.7 billion in Q1 2024.
- Average Income towards Parent Company over 4 years is -$75.2 million, with a median of $19.2 million recorded in 2022.
- Year-over-year, Income towards Parent Company gained 1.05% in 2022 and sank 3595.9% in 2024.
- Over 4 years, Income towards Parent Company stood at $215.7 million in 2021, then tumbled by 91.1% to $19.2 million in 2022, then sank by 63.54% to $7.0 million in 2023, then plunged by 24471.43% to -$1.7 billion in 2024.
- Per Business Quant data, the three most recent Income towards Parent Company figures were -$1.7 billion in Q1 2024, $7.0 million in Q4 2023, and -$12.7 million in Q4 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | GE HealthCare Technologies | 29.85 Bn | 27.74 Bn | 2.18 Bn |
| 2 | Lantheus Holdings | 6.57 Bn | 5.98 Bn | 241.86 Mn |
| 3 | Heartflow | 4.11 Bn | 3.74 Bn | 53.19 Mn |
| 4 | Neogen | 2.59 Bn | 2.40 Bn | 107.80 Mn |
| 5 | Butterfly Network | 1.99 Bn | 1.87 Bn | 23.29 Mn |
| 6 | Ceribell | 924.56 Mn | 795.30 Mn | 25.94 Mn |
| 7 | QuidelOrtho | 874.92 Mn | 751.52 Mn | - |
| 8 | Varex Imaging | 779.06 Mn | 679.86 Mn | 76.70 Mn |
| 9 | Prenetics Global | 340.90 Mn | 281.85 Mn | 30.20 Mn |
| 10 | CapsoVision | 324.09 Mn | 315.02 Mn | 1.87 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | -1.71 Bn |
| Dec 31, 2023 | 7.00 Mn |
| Oct 1, 2023 | -12.70 Mn |
| Jul 2, 2023 | -53.20 Mn |
| Apr 2, 2023 | 48.80 Mn |
| Jan 1, 2023 | 135.80 Mn |
| Oct 2, 2022 | 19.20 Mn |
| Jul 3, 2022 | 19.30 Mn |
| Apr 3, 2022 | 479.90 Mn |
| Oct 3, 2021 | 215.70 Mn |
| Jul 4, 2021 | 19.10 Mn |