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QuidelOrtho says targeting mid-to-high 20% adjusted EBITDA margins

Says Gross tariff impacts of $20-$25 million expected to be fully mitigated through cost actions; $30-$40 million of additional cost-savings in 2025; Positive adjusted free cash flow with 25-30% of adjusted EBITDA conversion; Interest expense of $177 million following the company’s debt refinancing; Capital expenditures of $160-$170 million, excluding instruments under reagent rental agreements and integration costs. Comments taken from investor presentation slides.

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