QuidelOrtho (QDEL) Restructuring Costs (2021 - 2024)

QuidelOrtho (QDEL) reported Restructuring Costs of $22.6 million for Q1 2024, down 23.91% on a YoY basis from $29.7 million in Q2 2023, and up 494.74% sequentially from $3.8 million in Q4 2023.

QuidelOrtho (QDEL) Restructuring Costs (2021 - 2024) Analysis & Trends

QuidelOrtho (QDEL) has 4 years of Restructuring Costs data on file, last reported at $22.6 million in Q1 2024.

  • For the quarter ending Q1 2024, Restructuring Costs fell 23.91% year-over-year to $22.6 million; the trailing twelve-month figure through Mar 2024 stood at $77.1 million (down 71.5% YoY), and the FY2024 full-year result was $127.2 million, up 12.17% from the prior year.
  • Restructuring Costs advanced to $22.6 million in Q1 2024, from $3.8 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.
  • A 4-year average of $35.2 million and a median of $25.3 million in 2022 frame the typical range for Restructuring Costs.
  • Across the five-year window, Restructuring Costs jumped 7190.91% in 2022 and sank 97.17% in 2023, its largest moves.
  • Tracing QDEL's Restructuring Costs over 4 years: stood at $1.1 million in 2021, then soared by 2300.0% to $26.4 million in 2022, then sank by 85.61% to $3.8 million in 2023, then surged by 494.74% to $22.6 million in 2024.
  • Business Quant data shows QDEL's Restructuring Costs at $22.6 million in Q1 2024, $3.8 million in Q4 2023, and $26.5 million in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Abbott Laboratories 201.40 Bn 194.75 Bn 6.27 Bn
2 Stryker 122.29 Bn 119.41 Bn 3.81 Bn
3 Medtronic 105.01 Bn 96.40 Bn 6.41 Bn
4 Boston Scientific 64.81 Bn 63.59 Bn 3.61 Bn
5 Edwards Lifesciences 55.28 Bn 51.60 Bn 1.29 Bn
6 Dexcom 29.06 Bn 27.94 Bn 750.30 Mn
7 Koninklijke Philips 29.02 Bn 25.93 Bn 2.07 Bn
8 GE HealthCare Technologies 28.27 Bn 26.20 Bn 1.98 Bn
9 Smith & Nephew 25.80 Bn 25.22 Bn -
10 QuidelOrtho 1.13 Bn 990.36 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2024 22.60 Mn
Dec 31, 2023 3.80 Mn
Oct 1, 2023 26.50 Mn
Jul 2, 2023 24.20 Mn
Apr 2, 2023 29.70 Mn
Jan 1, 2023 134.20 Mn
Oct 2, 2022 26.40 Mn
Jul 3, 2022 80.20 Mn
Apr 3, 2022 3.00 Mn
Jul 4, 2021 1.10 Mn