QuidelOrtho (QDEL) Restructuring Costs (2021 - 2024)

QuidelOrtho has disclosed Restructuring Costs across 4 years of filings, most recently posting $22.6 million for Q1 2024.

• In Q1 2024, Restructuring Costs fell 23.91% year-over-year to $22.6 million; the TTM figure through Mar 2024 stood at $106.3 million (down 60.7% YoY), while the FY2024 annual figure was $127.2 million, up 12.17% from the prior year.
• Restructuring Costs came in at $22.6 million for Q1 2024 at QuidelOrtho, down from $33.0 million in the prior quarter.
• In the past five years, Restructuring Costs ranged from a high of $134.2 million in Q1 2023 to a low of $1.1 million in Q3 2021.
• Average Restructuring Costs over 4 years is $38.1 million, with a median of $26.4 million recorded in 2022.
• Year-over-year, Restructuring Costs surged 7190.91% in 2022 and tumbled 75.41% in 2023.
• Over 4 years, Restructuring Costs stood at $1.1 million in 2021, then jumped by 2300.0% to $26.4 million in 2022, then gained by 25.0% to $33.0 million in 2023, then slumped by 31.52% to $22.6 million in 2024.
• Per Business Quant data, the three most recent Restructuring Costs figures were $22.6 million in Q1 2024, $33.0 million in Q4 2023, and $26.5 million in Q4 2023.