Update: Qiagen Q1 Preliminary Adjusted Earnings Beat Guidance; 2025 Outlook Lifted -- Shares Rise

, MT Newswires -  2:38 PM ET 4/7/2025 Company News

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02:38 PM EDT, 04/07/2025 (MT Newswires) -- (Updates with stock price movement in the first, fifth paragraphs.)

Qiagen ( QGEN ) shares gained nearly 6% intraday Monday. a day after reporting preliminary Q1 adjusted earnings Sunday of at least $0.55 per diluted share at constant exchange rates, beating its guidance of $0.50.

Analysts polled by FactSet expect $0.49.

Net sales for the quarter were $483 million, the company said. Analysts surveyed by FactSet expect $464.4 million.

For full-year 2025, the genetic-testing company lifted its adjusted diluted EPS guidance to about $2.35 at constant exchange rates, up from the previous outlook of $2.28. Analysts polled by FactSet expect $2.27.

Price: 40.47, Change: +2.21, Percent Change: +5.76

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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