Qiagen's Q1 results exceed expectations and company raises full-year adjusted EPS guidance.
From Nasdaq: 2025-04-06 21:58:00
Qiagen N.V. announced strong preliminary first-quarter results for 2025, with net sales exceeding expectations and adjusted earnings per share surpassing outlook. The company raised its full-year adjusted earnings per share guidance. First-quarter adjusted earnings per share are expected to be at least $0.55 CER, compared to the previous estimate of $0.50. Net sales grew by about 5% or 7% at constant exchange rates to approximately $483 million, beating expectations. Analysts anticipate earnings of $0.49 per share and revenue of $464.79 million for the quarter. Qiagen also raised its full-year adjusted earnings per share projection to about $2.35 CER, up from $2.28. The company aims to improve the adjusted operating income margin to above 30% for the year, and expects to reach the mid-term adjusted operating income margin goal of at least 31% earlier than originally planned. More details on the outlook for 2025 will be provided with the release of first-quarter results on May 7, 2025.
Read more at Nasdaq: Qiagen Sees Q1 Results Above View; Lifts FY25 Adj. EPS Outlook