tiprankstipranks
Qiagen Exceeds Q1 Expectations, Affirms 2024 Outlook
Company Announcements

Qiagen Exceeds Q1 Expectations, Affirms 2024 Outlook

Qiagen (QGEN) has released an update.

Qiagen N.V. announced its Q1 2024 financial results, surpassing its sales outlook with $462 million at constant exchange rates, while maintaining a strong adjusted operating income margin of 25.7%. Despite a 5% decline in sales, the company has upheld its full-year guidance with expected net sales of at least $2.0 billion and adjusted diluted EPS of at least $2.10. Highlighting resilience amidst a tough economic environment, Qiagen’s diagnostics and efficiency gains continue to drive growth and investor confidence.

For further insights into QGEN stock, check out TipRanks’ Stock Analysis page.

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles